Yahoo Finance's Jared Blikre breaks down Tuesday's choppy market action.
RACHELLE AKUFFO: All right, we're just minutes away from the closing bell. So let's bring in "Yahoo Finance's" Jared Blikre to break down all the market action on this choppy day. Jared.
JARED BLIKRE: Sometimes we talk about FOMC drift, but we are drifting to the downside right now and we're going to see what that announcement brings tomorrow at 2:00 PM and then the big presser. But in the meantime, we are looking at some down action across the board. Everything off about 1% or a little bit more.
Here is the sector action for today and everything in the red most of the day, if not all of it, staples and tech, the least bad. But you take a look at the worst performers, real estate, materials, consumer discretionary, communication services, then utilities and financials. Everything off 1 and 1/2% to 2 and 1/2%. We can take a look at the travel sector.
A few bright spots, Trip.com, Expedia, Wynn Resorts, each up more than 2%. But for the most part, things mired in the red and very sensitive to interest rates high here. We have Wells Fargo down 2%, JPMorgan down 2%, as well as Bank of America taking some heat.
And then you take a look at our leaders. Cannabis, that's the MJ Harvest ETF, that's down 4%. Solar energy doing well. So broad based declines here for the market. And here's your closing bell on Wall Street.