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Dow drops nearly 500 points as Fed decision looms over markets

U.S. stocks rose higher on Tuesday as U.S. Treasury yields rose and traders appeared hesitant to open new long positions ahead of the Federal Reserve’s September policy meeting. closed down. what happened Dow Jones Industrial Average DJIA, -1.01% It dropped 313.45 points, or 1%, to close at 30,706.23. S&P 500 SPX, -1.13% It dropped 43.96 … Read more