Nazz Leads Retreat

Stocks posted big losses Tuesday, led by a selloff in tech stocks, as the Fed's interest rate policy committee met for the first time this year and corporate earnings reports continued to break like waves over the market.

The Dow finished down 92.59 points, or 0.9%, to 10,609.92; the S&P 500 fell 11.33 points, or 1%, to 1144.05, its biggest one-day loss since Oct. 22; and the Nasdaq lost 37.79 points, or 1.8%, to 2116.04. Both the Dow and Nasdaq closed at 31-month highs Monday.

Volume on the New York Stock Exchange was 1.62 billion shares, while 2.09 billion shares changed hands on the Nasdaq. Decliners beat advancers by about 3 to 2 in both markets. ...