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U.S. Stocks Fall as Fed Decision Looms, Nasdaq Ends Winning Streak

Major U.S. indexes declined ahead of the Federal Reserve's upcoming policy decision, with the Nasdaq ending a nine-day rally.

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Terms & Concepts
  • Federal Reserve Policy Decision: A scheduled meeting where the Federal Reserve sets benchmark interest rates and outlines monetary policy guidance, influencing financial markets.
  • Nasdaq Composite Index: A stock market index tracking the performance of over 3,000 companies listed on the Nasdaq Stock Exchange, heavily weighted toward technology firms.