US stocks mostly down as Fed meets on interest rates

[WorldNews]

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NEW YORK (AP) — U.S. stock indexes are mostly lower in afternoon trading on Tuesday as oil prices continue to slump and investors wait for clues from the Federal Reserve about when it will raise interest rates. The Fed will make a statement after a two-day policy meeting ends Wednesday. Nine of the 10 industry sectors of the Standard and Poor's 500 index dropped, led by a 1 percent fall in raw-material companies.

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