Federal Reserve Meeting Begins, Wall Street Posts Losses

iStock/Thinkstock(NEW YORK) — Stocks rallied back from early-session deficits on Tuesday, but finished mostly below their open, caused in part by the ongoing Federal Reserve policy meeting.

The Dow Jones Industrial Average slid to 17,849.08, losing 128.34 on the day.

The Nasdaq climbed 7.92 to 4,937.43, while the S&P 500 stumbled to 2,074.20, dropping 6.99.

The Federal Reserve’s Federal Open Market Committee opened a two-day meeting on Tuesday, with one major topic of discussion being the potential increase of interest rates. For months, the committee has said that increased interest rates are coming as the economy continues to heal. It’s not clear how much more patient the committee will choose to be.

Also on Tuesday, health insurance company Premera Blue Cross announced that it had been the victim of a data breach. The personal information of approximately 11 million customers may have been accessed by hackers.

Follow @ABCNewsRadio
Copyright © 2015, ABC Radio. All rights reserved.