Market Snapshot: U.S. stocks extend losses as Fed decision, Apple results and jobs data loom

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U.S. stocks lost ground Tuesday morning under the weight of more earnings reports, soft manufacturing data, a looming Federal Reserve interest rate decision Wednesday, and monthly jobs data on Friday.

How stocks are trading

On Monday, the Dow Jones Industrial Average fell 46 points, or 0.14%, to 34052, the S&P 500 declined 2 points, or 0.04%, to 4168, and the Nasdaq Composite dropped 14 points, or 0.11%, to 12213.

What’s driving markets

A…