On the day of the Federal Reserve's policy statement release, the S&P 500 index preliminarily closed down 1.3%. Consumer discretionary and consumer staples sectors fell more than 2.3%, materials sector dropped 2.1%, while financials, technology, and telecommunications sectors each declined at least 1.1%. The energy sector performed best, with a slight drop of less than 0.1%.

U.S. long-term Treasury yields continued to rise on Tuesday, extending the recent sharp upward trend.

This is the final batch of the 172 million barrels of reserves released by the United States in this round; after this release, the U.S. Strategic Petroleum Reserve will drop to its lowest level since 1982, approaching legal and operational red lines. Meanwhile, the U.S. Secretary of Energy criticized some European countries for releasing far less than expected, urging them to fulfill their commitments. Currently, gasoline and diesel prices in the U.S. remain high, and less than two months remain until the midterm elections. On Tuesday, WTI crude oil futures fell by 3.95%.