U.S. Stocks Slip as Fed Remains in Focus; Boeing Raises China Sales Outlook

U.S. stocks slipped in early trading Tuesday, after Monday's rally, as worries over a near-term rate hike continued to spook investors. Crude prices slipped 1.7 percent to $45.50 a barrel as the International Energy Agency downgraded its 2016 forecast for oil demand, which is expected to increase by 1.3 million barrels a day this year, compared to its previous forecast of 1.2 million. The agency said demand in China and India is 'wobbling.' Wells Fargo (WFC) - Get Report is doing away with sales goals for its retail products, after the company paid a fine to the Consumer Financial Protection Bureau for opening fake bank accounts. Boeing (BA) - Get Report shares were in focus after it raised its outlook for China, saying it expects to sell 6,810 jets in the region over the next two decades, a 7.6 percent increase from its forecast last year. TheStreet's Scott Gamm reports from Wall Street.