News > Wall Street slides over 2% as tech rout deepens; Fed meeting eyed

Wall Street slides over 2% as tech rout deepens; Fed meeting eyed

Business Standard | 26/01/2022 11:31 AM | Click to read full article

US stock indexes slid on Tuesday, with the S&P 500 on track to confirm a correction as a selloff in technology stocks ahead of the Federal Reserve's policy meeting overshadowed upbeat results from blue-chip companies including IBM and 3M.

The benchmark index came close to confirming a correction on Monday before bouncing back late in the session.

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