Power Breakfast: Dow Breaks 6-Day Rally, NASDAQ Falls As Mega Caps Drop Ahead Of Earnings, Fed Meet In Focus

On Monday, there was a break in the 6-day rally of Dow. Dow slipped 260 points to close at the day's low. Whereas, NASDAQ lost 2% due to pressure on heavyweight IT, semi-conductor stocks. Bond yields edged higher ahead of the Fed's 2-day meeting. Apart from this, the results of McDonald's, Exxon Mobil, General Motors, Pfizer will come.