Investors are eager for a sense of where policymakers stand on the question of interest rate cuts after economic data this month showed they face a tricky dilemma between a weakening labor market and stubborn inflation.

The Dow Jones index fell into negative territory. Nvidia, Palantir both sank Tuesday. A manufacturing services name sold off.

U.S. stocks finished mixed on Tuesday as a sell-off in tech stocks weighed on the broader market. The S&P 500 (SNPINDEX: ^GSPC) fell 37.78 points, or 0.6%, to 6,411.37, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) tumbled 314.82 points, or 1.5%, to 21,314.95.