US stocks went down 1.1-1.5% following the drop in share prices of commodity companies and automakers, reported Bloomberg.
The international scandal around the German automaker Volkswagen, which risks losing billions of dollars due to the manipulation of the indices of emissions during testing cars, dramatically affected the automotive sector worldwide. The investigation, which began on Friday in the US, is becoming global, and may result in testing cars manufactured by other companies for violations of environmental standards.
"Given the uncertainty about the global economy, any bad news can swipe on the market, - said the vice-president of Advantus Capital Management, Joseph Betley. - Investors continue to respond to the Fed's decision last week, but yesterday was just a temporary rebound."
Meanwhile, the US stock indexes rose on statements by members of the Fed leadership that the Central Bank may raise its interest rate until the end of the year amid strong macroeconomic indicators in the United States.
Index of Dow Jones Industrial Average on Tuesday fell 179.72 points (1.09%), to 16330.47 points.
Standard & Poor's 500 at the end of trading fell 24.23 points (1.23%) to 1942.74 points. This is the minimum level for the last two weeks.
The value of the Nasdaq Composite fell 72.23 points (1.5%) to 4756.72 points.
Share price of Fiat Chrysler Automobiles fell during the day by 5.7%, while Ford Motor and General Motors (NYSE: GM) lost respectively 2.8% and 1.9% of market value.
All ten industry groups of Standard & Poor's 500 showed a decline at the end of trading on Tuesday.
The decline in commodity prices has led to the fact that the quotes of aluminum giant - Alcoa Inc (NYSE: AA) and the steel manufacturer Nucor Corp (NYSE: NUE) fell 4% and 2.9% respectively, while gold miner Newmont Mining Co. fell 6.3%.
Shares of Mosaic fertilizer producer tumbled 7%. The market value of Dow Chemical Co (NYSE: DOW) and Monsanto Co (NYSE: MON) decreased by no less than 0.9%.
The capitalization of Apple Inc (NASDAQ: AAPL), Google Inc (NASDAQ: GOOGL) and Facebook Inc (NASDAQ: FB) was reduced by at least 1.5%.
Also the shares of semiconductor manufacturers: Applied Materials Inc (NASDAQ: AMAT), Micron Technology Inc (NASDAQ: MU) and Qorvo Inc, got cheaper by more than 2.1%, and those of Intel Corp (NASDAQ: INTC) by 1.7%.
In addition, the quotes of Goldman Sachs Group Inc (NYSE: GS) decreased by 2% on news that CEO Lloyd Blankfein Bank is diagnosed with lymphoma.