All eyes on Fed as U.S. stock markets diverge

NEW YORK, New York - Trading was cautious on U.S. markets Tuesday as the Federal Reserve's monetary commitee meeting got underway. At the conclusion of the two-day regular monthly meeting, on Wednesday, the committee will announce whether official interest rates will be adjusted. Investors and traders are largely expecting a quarter point drop.

"While a rate cut feels almost certain at this point, the Fed'