Midday Need to Know: RTX sees defense demand, Empire State Manufacturing slows & more

Wall Street’s major market averages declined Tuesday as Treasury yields remained the focal point and investors awaited the Federal Reserve’s interest rate decision later this week.The blue-chip Dow TVC:DJI was last -0.9%, the benchmark S&P 500 (SP500) was last -0.5%, and the tech-focused Nasdaq Com…