Wall Street closes down as markets whipsaw ahead of Fed meeting

US markets closed lower yesterday with interest rate sensitive tech stocks weighing most heavily as uncertainties around increasingly hawkish Federal Reserve and rising geopolitical tensions contributed to the market's churn. The Dow Jones Industrial Average fell 0.2 per cent to 34,298. The S&P 500 lost 1.2 per cent to 4,356. And the Nasdaq Composite dropped 2.3 per cent to 13,539. The members of the Federal Open Markets Committee convened yesterday for their two-day monetary po...