Major stock market indexes in the United States closed lower on Tuesday as investors awaited the Federal Reserve's newest monetary policy decision and assessed how the latest drop in builder confidence could affect it. Losses were also observed in the technology sector amid the ongoing concerns about President-elect Donald Trump's prospective tariffs on certain foreign goods and how they would affect the markets.

The Dow Jones Industrial Average declined by 0.61% or 266 points as UnitedHealth Group Inc. slid by 2.60%. The Nasdaq 100 decreased by 0.43%, with Marvell Technology Inc. sinking by 10.04%. The S&P 500 dropped by 0.39% as Humana Inc. plunged by 10.20%.

The euro lost 0.18% to the dollar at 3:58 pm ET to sell for $1.04899.