Dow falls nearly 100 points on 1st day of November as Fed decision looms

Source: CNBC — 

Stocks tumbled on Tuesday as a new month of trading commenced. Traders also assessed better-than-expected economic data and what it spells for Federal Reserve policy going forward.

The Dow Jones Industrial Average fell 91 points or 0.3%. The S&P 500 and Nasdaq Composite shed 0.4% and 0.7%, respectively.

All the major averages opened higher but turned negative after job openings data for September showed a resilient labor market. Rates eased off their lows following the report, with the yield on 10-year last trading 2 basis points lower at 4.059%.