US stocks fall broadly ahead of key Fed decision on rates

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Stocks fell broadly in morning trading on Wall Street Tuesday ahead of a key decision on interest rates by the Federal Reserve.

The S&P 500 index fell 1.3% as of 10:14 a.m. Eastern. More than 95% of stocks and every sector in the benchmark index lost ground as traders wait to see how far the Fed will raise interest rates at its meeting that ends Wednesday.

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