Dow and S&P 500 fall, notching three-day losing streak

By Around the Web

(Image by Mediamodifier from Pixabay)
(Image by Mediamodifier from Pixabay)

(CNBC) — Stocks fell Tuesday following its worst day since June as investors braced for a hawkish message from the Federal Reserve.

The Dow Jones Industrial Average dropped 154.02 points, or 0.47%, to 32,909.59. The S&P 500 fell 0.22% to 4,128.73, and the Nasdaq Composite dipped slightly 0.002% to 12,381.30. Both the Dow and the S&P 500 declined for a third straight session.

Real estate, health care and communication services were the worst performers in the S&P 500. Meanwhile, energy was the biggest winner in the broader market index, up 3.6% on the back of rising oil prices.

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