U.S .. futures pointed out a slight recovery for the three major equity indices on Tuesday's opening after the market route a day earlier.
The Nasdaq Composite Phase falls and falls 2.27 percent to end the trading date to 6,753.73.
The CBOE volatility index – one of Wall Street's marketers – rose above 25 and volume for the stock market t was heavier than usual.
Fed is expected to increase its reference overnight lending rate for a fourth and end Just in 2018 when a two-day meeting ends on Wednesday. While fear of rising interest rates has spooked markets throughout the year, such concerns have increased over the last month as inflation and growth expectations fall.
U.S. President Donald Trump aimed at Fed again on Monday and said in a tweet that "it's amazing" that the central bank "even considers another interest rate rise" in the middle of "the world outside blows up around us."
Trump has obviously criticized Fed, as well as the Fed rapporteur Jerome Powell, several times in 2018.
– CNBC's Thomas Franck and Michael Sheetz contributed to this report.