(CNBC) -- The Dow fell from its record high and snapped seven-day winning streak on Tuesday ahead the Federal Reserve’s upcoming policy announcement.
The Dow Jones Industrial Average fell about 129 points, or 0.4%. The S&P 500 slipped 0.2%, while the tech-heavy Nasdaq Composite clung to a gain of about 0.1%.
The S&P 500 and Dow are still close to record highs, but there’s growing concern among investors that interest rates may continue to climb, snuffing out the comeback for equities. The market fell to its session lows when the benchmark 10-year Treasury yield briefly rose above 1.62% in afternoon trading.
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