Stocks hover near breakeven as market awaits Fed; Tesla drops

Stocks hovered near the unchanged market on Tuesday after a record-setting session, with investors keeping their powder dry ahead of a closely-watched policy decision by the Federal Reserve.

On Tuesday, blue chip shares rose modestly, but tech stocks dipped, weighed by a drop in Tesla (TSLA) after CEO Elon Musk downplayed the expected impact of a deal with car rental giant Hertz. 

Each of the S&P 500, Dow and Nasdaq rallied to fresh highs on Monday as more corporate earnings results exceeded…


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