The Dow swung more than 1,000 points over the day for a second straight session
Stocks resumed their selloff for most of day, but the Dow offered a glimmer of hope for turnaround Tuesday when it briefly turned green in the afternoon.But even though stocks ended off their lows, the major indexes all ended in the red.The Dow finished a moderate 0.2% or 67 points lower, having swung more than 1,000 points from high to low-point for the second straight session in a row.
What's driving marketsInvestors have a lot on their plate right now.The Federal Reserve's meeting is kicking off ahead of Wednesday's policy decision. Although Fed Chairman Jerome Powell hasn't made a secret of the central bank's plans to roll back stimulus and raise interest rates this year, it's stressing investors out.The central bank in December signaled multiple rate hikes in 2022 and expectations settled on three one-quarter percentage point increases.
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