ECONOMICS: S&P 500, Dow End at Records Ahead of Fed Decision

The S&P 500 and Dow Jones advanced to end at records on Tuesday, as the Federal Reserve kicked off its two-day meeting, MarketWatch reported. However, weakness in tech stocks weighed on the Nasdaq. The S&P 500 closed at a record, rising 4.15 points, or 0.2%, to 2,664.14. The Dow Jones Industrial Average also ended at a fresh all-time high, after adding 118.57 points, or 0.5%, to 24,504.60. The Nasdaq Composite index slipped 12.76 points, or 0.2%, to 6,862.32. The central bank's Federal Open Market Committee is widely expected to announce its third and final interest-rate hike of 2017 on Wednesday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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