Dow Industrials Open Down Triple Digits, Fed Back in Focus

Stocks sold off at the opening bell on Tuesday following the declines in global markets. The Dow Jones Industrial started the day down triple digits as investors keep a close eye on oil prices. The Fed is back in focus after the Wall Street Journal reported policy makers are contemplating taking away their assurance that interest rates would stay at record lows for a 'considerable' time. The newspaper is also reporting Amazon (AMZN) may have figured out a way to get online orders in one hour. The e-commerce giant is testing delivery by bicycle in New York City. Amazon also introduced its 'Make An Offer' feature, allowing customers to bid for lower prices. H&R Block (HRB) is sharply lower in early trading after reporting a wider-than-expected loss on Monday after the close. The tax preparer posted a quarterly loss of $0.45 a share. Revenue also came in below expectations.