The broader market was a mixed bag Tuesday, as focus remains on the Fed’s two-day policy meeting that began this afternoon. The blue-chip index shed 120 points, its worst performance of the month so far, shrugging off an outsized move and new all-time high from tech giant Apple (AAPL). Elsewhere, the tech-heavy Nasdaq and S&P 500 both pared early-session losses to clock their second-straight record close.
OIL FOLLOWS NATURAL GAS HIGHER
Natural gas saw an impressive 4% jump today, and oil followed narrowly behind with a more modest gain, as investors await more outlook news from Organization of the Petroleum Exporting Countries (OPEC). July-dated West Intermediate (WTI) crude tacked on 16 cents, or 0.2%, to close at $77.90 per barrel.Potential inflation data and more Fed news on the U.S. economic outlook is guiding gold prices mostly flat for Tuesday’s trading. The June-dated commodity closed near $2,326.60 an ounce.More By This Author:Stocks Chop As Wall Street Fights Fed Headwinds Stocks Close Flat As “Fear Gauge” PopsWall Street On The Sidelines Ahead Of Fed Meeting