Stocks slide as Fed meeting begins, Instacart IPO: Stock market news today
Stocks slide as Fed meeting begins, Instacart IPO: Stock market news today
Stocks slipped on Tuesday morning as the Federal Reserve's latest policy meeting began and investors awaited an update on the state of the IPO market, with Instacart expected to begin trading on the Nasdaq.
The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) dropped about 0.5%. Meanwhile, the Nasdaq Composite (^IXIC) fell more than 0.7%.
The Federal Open Market Committee began its meeting Tuesday morning at …