Dow Drops Over 200 Points Amid Fed Meeting Concerns

U.S. stocks declined as investors awaited the Federal Reserve's upcoming policy decision and monitored developments in global trade negotiations. Major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq, all dropped, with notable declines in tech giants such as Nvidia, Meta Platforms, and Tesla. The market was unsettled by continued trade tensions, particularly President Trump's announcement of a 100% tariff on foreign-made films and reports of no imminent trade deals, despite statements from U.S. officials suggesting progress. Additionally, a Bloomberg report indicated India has proposed zero tariffs on certain goods, pointing to ongoing negotiations. Investors are also closely watching macroeconomic indicators, with important earnings reports and data on manufacturing activity and jobless claims expected this week. The Federal Reserve is widely anticipated to keep interest rates steady, but traders are looking for signals on future economic policy.