US Stocks Open Lower Ahead of Fed Rate Decision
US stocks opened lower on Tuesday, September 15, as investors turned cautious ahead of the Federal Reserve's interest-rate decision on Wednesday.
The Dow Jones Industrial Average fell around 280 points, or 0.5%, in early trading.
The S&P 500 and Nasdaq Composite slipped about 0.1% each.
Rising Treasury yields have weighed on stocks as investors assess the outlook for inflation, government spending, and monetary policy.
Some technology stocks rebounded after Monday's AI-led selloff, with Nvidia and Micron Technology gaining about 1%, while Advanced Micro Devices and Intel rose more than 2%.