U.S. stocks drop as investors weigh Fed's future moves

NEW YORK, April 5 (Xinhua)-- U.S. stocks pulled back on Tuesday as investors bet on aggressive policy tightening from the Federal Reserve to tame inflation.

The Dow Jones Industrial Average lost 280.70 points, or 0.80 percent, to 34,641.18. The S&P 500 fell 57.52 points, or 1.26 percent, to 4,525.12. The Nasdaq Composite Index shed 328.38 points, or 2.26 percent, to 14,204.17.