Wall Street opened the day in the red, with the Nasdaq index falling 0.83%.

NEW YORK, New York.- The New York Stock Exchange opened in the red on Tuesday as investors awaited the Federal Reserve 's (Fed) decision on interest rates , which are expected to remain unchanged after the meeting that begins today and runs through tomorrow.

Ten minutes after the bell rang on Wall Street , the The Dow Jones Industrial Average lost 0.66% to 40,947 points; the index The S&P 500 also fell 0.66% to 5,613 points, and the technology index Nasdaq fell 0.83% to 17,695.

The Fed's next meeting will decide on interest rates amid growing pressure from US President Donald Trump to lower them, although its chairman, Jerome Powell , has so far proved intractable on the matter, always stressing that his independence from the executive branch prevails .

Investors are therefore also looking to the economic outlook the Fed chairman will share in his post-meeting remarks.

Regarding the tariff uncertainty that has plagued markets in recent months, Trump is scheduled to meet with Canada's new Prime Minister, Mark Carney , this Tuesday, marking the start of negotiations between the two leaders.

Treasury Secretary Scott Bessent said Monday that the U.S. government is “very close to reaching some agreements,” in a statement to CNBC.

In addition, Bloomberg reported on Monday that India (which would face 26% tariffs under Donald Trump's initial plans) has proposed a reciprocal "zero-tariff" policy on aluminum, auto components, and pharmaceuticals to the U.S.

Among the 30 Dow Jones stocks, the biggest gainers this morning were Chevron (0.65%), Verizon (0.3%) and Apple (0.25%), compared to the largest declines recorded at that time by Nvidia (-1.83%), Goldman Sachs (-1.56%) and Merck & Co (-1.52%).

The largest gains were in raw materials (0.74%) and energy (0.27%), while the largest losses were in technology (-1.03%) and healthcare (-1.01%).

In the commodities market, Texas crude oil rose 3.57% to $59.17 a barrel.

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