Panic grips markets: Dow and Nasdaq slide on weak forecasts, Fed in focus
Panic grips markets: Dow and Nasdaq slide on weak forecasts, Fed in focus
US market declines amid weak earnings
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US market declines amid weak earnings and Fed expectationsOn Tuesday, US stock indices closed in negative territory. The S&P 500 and Nasdaq pulled back from their record highs following disappointing corporate reports, while investors opted for a wait-and-see approach ahead of the Federal Reserve's policy announcement. Dow under pressure: insurers and aerospace stocks drag index lowerAmong Dow Jones components, UnitedHealth, Boeing, and Merck reported quarterly results, with all three stocks closing lower. UnitedHealth shares plunged by 7.5% after the company cut
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