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Dow tries to rebound as Facebook keeps pulling on tech

Fed meeting kicks off Tuesday; Oracle falls after earnings report

Dow tries to rebound as Facebook keeps pulling on tech

US stock-index benchmarks looked set to struggle to recover from a sharp selloff in the previous session powered by social-media giant Facebook’s worst daily decline in about four years, which helped foment investor unease, MarketWatch reports.

Market participants also were anticipating the Federal Reserve’s two-day policy meeting which kicks off Tuesday. Investors are watching for signs that the central bank is taking a more aggressive path to normalising monetary policy and lifting borrowing costs.

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