Dow falls 1,100 points as rates jump after Fed stays on sidelines of inflation fight: Live updates
The Dow fell for the first day in four as Fed Chairman Kevin Warsh's comments on rates and inflation failed to soothe investors.
AI Summary
S&P 500 futures were flat on Tuesday night as oil prices rose after U.S. forces intercepted an attempted missile attack from Iran. The Dow Jones Industrial Average notched its third straight winning day, while the Nasdaq Composite fell for a fifth consecutive session due to struggling chip stocks. Investors are focused on the Federal Reserve's upcoming interest rate decision, with markets pricing in a high likelihood of a rate hold.