Looming Fed Decision Contributes To Sell-Off On Wall Street

Stocks moved sharply lower during trading on Tuesday, with the major averages adding to the slim losses posted during Monday's session. The major averages all showed significant moves to the downside on the day.

The major averages recovered from their worst levels of the day but still posted steep losses. The Dow tumbled 367.17 points or 1.1 percent to 33,684.53, the Nasdaq slumped 132.09 points or 1.1 percent to 12,080.51 and the S&P 500 plunged 48.29 points or 1.2 percent to 4,119.58.

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by RTTNews Staff Writer

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