Stocks fell ahead of a major decision by the Federal Reserve expected later this week on how aggressively to combat inflation.
The S&P 500 fell 43.05 points, or 0.9%, to 4668.97, pulling back after the benchmark gauge closed last week at its 67th record high of 2021. The Dow Jones Industrial Average slid 320.04, or 0.9%, to close at 35650.95. The technology-heavy Nasdaq Composite Index declined 217.32, or 1.4%, to 15413.28.
