United States (US) shares are closed lower when investors are vigilant ahead of interest rate results from the Federal Reserve (Fed).
Investors expect the Fed to cut interest rates of 25 basis points at the end of the two -day meeting with a decision announced on Thursday at 2am Malaysia time to offset the weakness of the labor market.
In addition, Tuesday's data also showed that US retail sales were increasing over expectations in August, but the development did not change much forecast to cut rates.
The Dow Jones index declined 0.27% to 125.55 points, the S&P 500 fell 0.13% to 8.52 points, while NASDAQ focused on the technology industry declining 0.07% to 14.79 points.
Investors also set aside reports that the US Senate approved the appointment of White House Economic Advisor Stephen Miran to the Fed Board.
In another development, the Court of Appeal rejected President Donald Trump's request to oust Fed Governor Lisa Cook.
Meanwhile, WebToon shares jumped 39% after the company announced a partnership with Disney to develop a new digital comic platform based on Marvel and Star Wars content.
Oracle shares rose 1.5% after Trump said the US and China reached an agreement to ensure that the Tiktok application remained operating in the country.
Turnover on the US Exchange is worth $ 17.11 billion, compared to an average of $ 16.31 billion in 20 full trading days.
