The S&P 500 Index ($SPX) (SPY) Tuesday closed down -0.30%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.46%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.21%. September E-mini S&P futures (ESU25) fell -0.30%, and September E-mini Nasdaq futures (NQU25) fell -0.22%.
Stock indexes gave up early gains on Tuesday and settled lower. Long liquidation pressures weighed on stocks Tuesday ahead of several market-moving events this week, including the conclusion of the 2-day FOMC meeting on Wednesday and post-meeting comments from Fed Chair Powell, earnings results from four megacap tech companies on Wednesday and Thursday, and Friday's monthly US jobs report.
