Stocks Drop After Winning Streak Comes to an End as Investors Await Tariff News, Fed Meeting; Palantir Slides After Earnings
Stocks moved lower in early trading Tuesday as investors reacted to a steady stream of earnings reports while awaiting news on tariffs and the results of the two-day Federal Reserve meeting that is set to start today. The S&P 500 and the Dow Jones Industrial Average were each down 0.7% about 15 minutes after the opening bell, while the tech-heavy Nasdaq Composite declined 0.9%. Stocks fell Monday to snap a nine-session winning streak for the S&P 500, its longest in two decades. Over the past two weeks, stocks have recovered from the losses that...