Dow, S&P 500 end lower ahead of Fed decision, while Nasdaq bucks trend to close higher [MarketWatch]
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Source: MarketWatch
Dow, S&P 500 end lower ahead of Fed decision, while Nasdaq bucks trend to close higher The Dow Jones Industrial Average and the S&P 500 on Tuesday extended a multisession skid while the Nasdaq booked its second straight gain, highlighting a period of divergence for the benchmarks ahead of the Federal Reserve's decision. The Dow DJIA, -0.26% closed off by about 67 points, or 0.3%, at 26,495, the S&P 500 index SPX, -0.13% gave up 0.1% at 2,915. The S&P 500 has ended lower the past three days, while the Dow has posted back-to-back declines. However, the Nasdaq Composite Index COMP, +0.18% eked out a second gain in a row, up 0.2% at 8,007, with the technology and internet-centric gauge following the fortunes of Apple Inc. AAPL, +0.63% higher for a second straight session. The Fed is widely expected to deliver its third rate increase of 2018 but investors will follow closely the central bank's projections for future rate increases as well as comments from Fed Chairman Jerome Po
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