U.S. stocks fall as Fed meeting underway

NEW YORK, March 18 (Xinhua) -- U.S. stocks closed lower on Tuesday, snapping a two-day winning streak as investors weighed concerns about an economic slowdown ahead of the Federal Reserve's policy meeting.

The Dow Jones Industrial Average dropped 260.32 points, or 0.62 percent, to 41,581.31. The S&P 500 declined 60.45 points, or 1.06 percent, to 5,614.66. The Nasdaq Composite fell 304.54 points, or 1.71 percent, to 17,504.12.