Market Downturn as Investors Await Fed's Decision

On Tuesday, major stock exchanges opened with losses as investors eagerly anticipated the United States Federal Reserve's upcoming monetary policy decision, scheduled for December 18. The Dow Jones Industrial Average dropped 0.49% or 206 points at the open, with Nvidia experiencing a 2.30% decline at 9:31 am ET. Meanwhile, the Nasdaq 100 fell 0.42%, led by a 3.88% plunge in Marvell Technology a minute later. The S&P 500 started the session 0.46% lower, with Broadcom leading the decline, down 4.40% at 9:31 am ET.

In other news, the euro traded flat against the dollar at 9:29 am ET, holding at 1.05068. Investors are also keeping an eye on key economic data releases, including the country's retail sales, industrial production, business inventories, and house prices, which are expected to provide further insights into the current economic landscape.