Investors watch the rising interest rates closely. Shares of Goldman Sachs and Bank of America, however, rose 1.6 percent and 0.25 percent, respectively.
At 8:30 a.m. ET (1330 GMT), Dow e-minis were down 196 points, or 0.74 percent, with 65,458 contracts changing hands. Brent crude, used to price worldwide oils, declined 64 cents to $67.88 in London.
Rising bond yields and a sell-off in healthcare shares sent the USA stock market sliding on Tuesday, with the Dow Jones Industrial Average's 352-point tumble its steepest in eight months. By notching another month of gains in January, the Dow and S&P 500 are on track to extend their win streaks to 10. The index fell as much as 352 points, its steepest intraday point drop since May 17.
A surge in Boeing led Wall Street out of a two-day slump on Wednesday, but US stocks pared gains in early afternoon trading as investors awaited the Federal Reserve's comments to gauge the future path of monetary policy. The Dow Jones industrial average had its biggest decline since May, losing 1.4 percent to 26,076.89.
"We've had a unilateral move higher [in stocks] to start things off and people are realizing this is not sustainable", said Art Hogan, chief market strategist at B. Riley FBR. The Standard & Poor's 500 index fell 1.1 percent to 2,822.43 - its steepest one-day drop since August 17.
HIGH FLYER: Boeing climbed 5.1 percent after the aerospace giant's latest quarterly earnings topped Wall Street's expectations.
UNDER THE WEATHER: Health care stocks, including several drugmakers, were among the biggest decliners for the second day in a row. Insurer Aetna fell 3.02 percent and managed-care company UnitedHealth Group declined 4.35 percent.
New York Knicks at Boston Celtics preview for January 31
That should mean plenty of playing time for backup guard Terry Rozier, who is averaging 9.1 points per game off the Boston bench. Irving led the C's with 27 points in a 111-110 win over the Denver Nuggets on Monday night to close a hard road trip at 2-2.
Man United vs Yeovil Town
Following their FA Cup tie at Yeovil's Huish Park, United travel to Tottenham Hotspur in the league on Wednesday. Let us know in the comments section below. "I think it will be really fun to play alongside Ozil".
"A simple question that may come to investors mind, is 'why would I remain in equities when two-year USA treasury bills can provide the same divided yield return of the S&P 500?'".
The Dow fell 177 points on Monday, on the back of a rise in the 10-year treasury yield, raising concerns that higher interest rates could douse the bull market. McDonald's was down 1.2 per cent after the company's U. A rise in yields makes borrowing cash more expensive. We are not saying yields are going to scream higher. The company has Relative Strength Index (RSI 14) of 29.03 together with Average True Range (ATR 14) of 1.08.
Since the Fed's last meeting, the labor market has remained strong, the dollar has weakened and commodity prices have risen, which combined should point to tighter monetary policy ahead, analysts say.
MARKETS OVERSEAS: Germany's DAX was flat, while France's CAC 40 gained 0.2 percent.
Peers Dialog Semiconductor and STMicro rose 1.5 and 2.4 per cent respectively, while Infineon reversed earlier gains, ending down 0.2 per cent.
Earlier, Hong Kong's Hang Seng rose 0.9% to cap off its best month since April 2015.
The Justice Department's inspector general is conducting his own review into the FBI's handling of the Clinton investigation. Mueller removed Strzok from his team after learning of the texts last summer, and he was reassigned to another post.
Niec is a physician specializing in internal medicine at Bronson Healthcare Group in Kalamazoo , the Post reports. While conceding her husband has multiple blemishes, Rachelle insists that Niece is not a risk to the public.
Overall, NFL ratings last season were down 9.7 percent compared to 2016 and the 2016 numbers were down about 8 percent from 2015. Look for the same talent sharing agreement between the NFL Network and Fox Sports when it comes to the pregame show coverage.
It was one of those Andres Galarraga line drives where about halfway on its path, the ball rose to another level and hummed. Though Elway watched Allen play in his bowl game, the GM didn't get a chance to speak to the quarterback after the game.
As traders are becoming increasingly panic-struck in the markets, the government has to take steps to ensure that calm prevails. Trade in bitcoin denominated in Korean won stood at around 4 percent on Tuesday, according to CryptoCompare.
This figure was impacted by a one-time write down of net deferred tax assets due to the recent changes in the US tax laws. Revenue rose 12 percent to $1.05 billion, mainly on pricing as retail sales of motorcycles fell 9.6 percent worldwide.
An immediate statement b the board of trustees that reflects its attitude towards future allegations of sexual assault at MSU. Beekman is now responsible for all duties associated with the Office of the President.
The All-Star Game might turn out to be more like like the All-Star replacements vs. the original All-Stars than Team LeBron vs. Drummond beat Simmons to a spot in the All-Star game and the Philadelphia 76ers rookie appeared to react on Twitter.
Now, coming off an Achilles injury , his market may be reduced, as teams are wary of players recovering from the injury . Cousins and Davis have been a dynamic duo this season, bucking the trend of teams going smaller across all positions.
According to police documents, Greene called for an Uber and then called the police to report her alleged sexual assault . After we heard rumors last month that Nelly was going to countersue the woman who falsely accused him of rape, the St.
SpaceX Feb. 6 Falcon Heavy launch will be huge
This makes it 45% more expensive than the Falcon 9, a rocket that has been traditionally used by SpaceX for most of its missions. Falcon Heavy is expected to cost about $90 million per launch, compared to about $62 million for a Falcon 9 launch .
Top US trade agency dismisses Bombardier duties
Boeing had complained of an unleveled playing field since Bombardier is subsidized by the Canadian government. Bombardier can begin shipping C Series jets to Delta Air Lines immediately following a trade tribunal ruling.
Cryptos slip as Coincheck halts withdrawals
The trade has around 6 percent of yen-bitcoin exchanging, positioning fourth by part of the overall industry on CryptoCompare . It is hard to ascertain the impact of the loss of Coincheck's trading volumes on the overall cryptocurrency ecosystem.
New iPad With Face ID Hinted At In iOS 11.3
Presumably, the new features will coincide with what we're seeing from iOS. iOS 11 .3 introduces four new Animoji . The feature doesn't share the user's contact information with businesses, and users can stop chatting at any time.
Newport County v Tottenham Hotspur
Tottenham boss Mauricio Pochettino has a number of selection decisions to make before the clash at the Newport Stadium. Tottenham travel to League Two Newport County for a place in the fifth round of this season's FA Cup .
Stabbed NSW detective on the mend
A shop assistant at a nearby chemist told 2GB she was working out the back of the store when she heard four or five gunshots. Pedro Casemiro was walking to the gym across the road from the hotel when he heard police cars rush past with their sirens.
Unveils Rs. 2.1 lakh crore bank recapitalisation plan
Mr Jaitley said , the government has the prime responsibility of keeping the public sector banks in good health. These bonds will be non-tradable and not carry the status of an SLR (Statutory Liquidity Ratio) security.
Damian Lillard makes 2018 All-Star game as reserve
Rookies rarely make it on the All-Star teams, with Los Angeles Clippers' star Blake Griffin the last to achieve the feat in 2011. Simmons, who would have become the first Australian selected as an All-Star, was in good company in being snubbed on Tuesday.