Wall Street falls amid focus on Fed meeting

The main Wall Street indices have fallen as the markets expected the perspective of the Fed on monetary policy and developments related to the call of the president of the United States, Donald Trump, with his Russian counterpart Vladimir Putin about ways to end the three -year war in Ukraine.

The two -day rate meeting of the Federal Reserve begins on Tuesday and the expectations are that the Central Bank will maintain the stable interest rates, according to the data compiled by LSE.

Several Fed officials have warned against hurried movements, and policy formulators expect tangible data on tariff impacts.

“The Fed does not want the potential impact of politics to face, especially because it seems to be inside and outside. It is a difficult job to walk on this tightrope,” said Art Hogan, B Riley market strategist.

Trump’s tariff measures have caused a commercial fight with the main US business partners, which caused rapid retaliation actions.

The analysts said that US actions submerged in lands of oversized last week.

In the first operations on Tuesday, Dow Jones Industrial Avenge fell 206.06 points, or 0.49 percent, to 41,635.57, the S&P 500 lost 54.92 points, or 0.97 percent, to 5,620.20, and the Nasdaq compound lost 295.45 points, or 1.66 percent to 17,513.21.

Trump will talk to Putin on Tuesday to try to convince him to accept a high fire in the Ukraine War and move towards a more permanent end for the three -year conflict.

“If there were some positive signs (in a high the fire of Russia-Ukraine), that could reverse the early weakness of the markets,” said Peter Cardillo, Chief Mercado Economist of Spartan Capital Securities.

Nvidia fell 3.0 percent.

The company is expected to reveal details of its last AI chip at its annual software developers conference.

The discretionary consumer actions led the decrease in the sector in S&P 500 with a 2.0 percent drop, heavy for Tesla’s actions.

The EV manufacturer decreased 5.9 percent after the RBC brokerage cut its target price in the shares, marking that the company is losing market share in China and Europe.

Alphabet fell 4.0 percent after the company said Wiz would buy for about $ 33 billion ($ 50 billion) in its largest agreement, since Google’s father doubles into cybersecurity.

Investors went mass to security assets, with the gold trade in a record, after crossing $ 3,000 on an ounce for the first time last week.

The stock of gold miners that are quoted in the United States, such as Barrick Gold, rose 2.0 percent and the gold fields won 3.6 percent.

The markets were also paused after the three main indices won more than 2.0 percent each in the last two sessions as investors capitalized the actions with a discount in the United States.

Last week, the S&P 500 fell more than 10 percent since its February peak, indicating that the reference index entered a correction phase.

The Dow Blue-Chip index is quoted near the correction levels, while the nasdaq technological heavy confirmed that it is in a correction on March 6.

In the front of the data, the American single -family house building recovered sharply in February.

The decrease in problems exceeded the advances for a 2.09-A-1 relationship in the NYSE and a 2.9-A-1 ratio in the Nasdaq.

The S&P 500 registered three new maximums of 52 weeks and a new minimum, while the Nasdaq Composite registered 21 new maximums and 75 new minimums.