U.S. stock markets experienced a downturn on Tuesday, primarily influenced by weaker-than-expected economic data releases. These figures have intensified anxieties surrounding a potential slowdown in economic growth coupled with persistent inflationary pressures.

The Dow Jones Industrial Average concluded the day down, as did the S&P 500 and the Nasdaq Composite. The disappointing data spurred investors to reassess their positions, leading to a broad sell-off across various sectors.

Market participants are now keenly awaiting further economic signals to better anticipate the Federal Reserve’s upcoming policy decisions. The central bank’s stance on interest rates will be crucial in navigating the current economic landscape.