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Wall St drops at open as tech selloff deepens; Fed meeting eyed -Breaking

by Mike Robinson

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© Reuters. The screen shows the Dow Jones Industrial Average in New York City during trading on the New York Stock Exchange floor (NYSE), January 24, 2022. REUTERS/Brendan McDermid

(Reuters). Wall Street’s key indexes lost on Tuesday, as a selloff by technology stocks before the Federal Reserve’s policy meeting overshadowed optimistic results from blue-chip firms including IBM (3M)

At the opening bell, the index fell by 177.86 point, or 0.522% to 34.186.64. At 4,366.64, the open was 43.49 points lower, or 0.99%. The close fell by 244.26 point (or 1.76%) to 13,610.87.

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