U.S. stocks close lower Tuesday, pulled down by tumbling shares of regional banks and by the energy sector, ahead of a Federal Reserve interest rate decision Wednesday.
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U.S. stocks closed sharply lower Tuesday, tumbling under the weight falling shares of regional bank and the energy sector, while weaker data on the jobs market pointed to a slowing economy.
Investors also awaited the Federal Reserve’s interest rate decision Wednesday and focused on an early June deadline for raising the U.S. debt ceiling.
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