Dow down slightly at the open, threatens to snap win streak as Fed decision looms

U.S. stocks opened mostly lower Tuesday, with the Dow Jones Industrial Average threatening to snap its win streak, as investors look ahead to the Federal Reserve’s interest-rate decision on Wednesday. The Dow Jones Industrial Average DJIA, -0.02% was down 0.1% soon after the opening bell, while the S&P 500 SPX, +0.02% slipped less than 0.1% and the Nasdaq Composite COMP, +0.

35% gained 0.e%, according to FactSet data, at last check. The Fed will announce on Wednesday the outcome of its two-day policy meeting, with investors largely expecting the central bank will hike its benchmark rate by a quarter percentage point to a targeted range of 5.25% to 5.5%. Meanwhile, data on consumer confidence are expected to be released Tuesday at 10 a.m. Eastern time.

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