Wall Street opens lower ahead of Federal Reserve meeting, led by tech stocks

Wall Street experienced a downturn, led by technology stocks, as the S&P 500 ended its nine-day rally. The Dow and Nasdaq also declined ahead of the Federal Reserve’s meeting, where interest rates are expected to remain unchanged. Concerns about potential inflation, driven by tariff uncertainties, and the recent economic contraction are weighing on the market, prompting companies to adjust forecasts.