Market Snapshot: Wall Street stocks set for further losses as Trump travel ban reverberates

U.S. stocks on Tuesday were poised for further losses as investors grappled with the latest decisions by President Donald Trump after he fired the Attorney General.

The Federal Reserve was also in the spotlight as the central bank was set to kick off its two-day policy meeting later in the morning.

Futures for the Dow Jones Industrial Average YMH7, -0.23% fell 27 points, or 0.1%, to 19,861, after the benchmark on Monday fell below the psychologically important 20,000 level and suffered its biggest daily drop since mid-October. As of Monday’s close, the Dow average DJIA, -0.61% however, was still set for a 1.1% January gain.

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