US stocks continue to slide as investors await Fed meeting and cascade of earnings results

After a volatile trading session on Monday that saw the Nasdaq fall nearly 5%, US stocks resumed their decline on Tuesday.

Before the Federal Reserve meeting and a cascade of earnings reports from mega-cap companies, the continued sell-off comes. After the close on Tuesday, Microsoft is expected to report.

More than a third of S&P 500 companies have reported their results. According to data from Fundstrat, 85% of the companies have beat estimates of their earnings per share and revenue.

The US indexes stood at 9:30 a.m. The hours are open on Tuesday.

The price of doge coin went up as much as 8% on Tuesday after Musk said that he would eat a happy meal on TV if McDonald's accepted meme-token as a form of payment.

Michael Saylor's MicroStrategy said it plans to continue buying bitcoin despite the recent sell-off.

NFTs were worth over $1 million because of a listing loophole at OpenSea. The loophole has been closed.

Many investors think the Federal Reserve will save the stock market by changing its stance. Jim Chanos says that idea is dangerous.

The idea of a Fed put and that the Fed is always going to bail out my bad investment decisions is not cogent investment policy to hold onto for a long time.

The price of West Texas Intermediate crude oil rose. The international benchmark for crude oil jumped as much as 0.50% to $86.70 per barrel.

The price of gold fell as much as 0.04%. The 10-year Treasury's yield fell less than 1 basis point.