BY RYAN VLASTELICA
Stocks mostly ended lower on Tuesday as investors turned their focus to the Federal Reserve’s two-day policy meeting, which is being closely watched for signs of when the U.S. central bank will raise interest rates.
Wall Street stocks were broadly lower, pulling back after Monday’s rally, but the S&P and the Dow pared losses in afternoon trading and the Nasdaq posted gains as Apple Inc rose 1.7 percent.
Other asset classes were also volatile. U.S. crude oil traded up as much as 0.7 percent but finished lower, its eighth decline in the past nine sessions, while Brent crude closed up for the first time in four days.
The U.S. dollar index turned flat, after earlier weakness. The euro, which recently hit a 12-year low, rose against the dollar for a second straight session as soft U.S. data cooled the dollar’s recent rally.
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