Stocks Open Lower as First Day of Fed Meeting Kicks Off
The stock market pulled back to start the day on Tuesday as the Federal Reserveโs policy-setting committee was set to kick off the first day of its June meeting. The Nasdaq Composite was down 0.2%. โAfter record highs for the S&P 500 and Nasdaq yesterday, thereโs a negative bias this morning as European stocks are lower given the political uncertainties most notably in France,โ writes Bespoke Investment Group co-founder Paul Hickey.