The Taiwan stock market rebounded on Tuesday, closing just below the 14,550-point mark after a two-day slide. Global markets are expected to open negatively ahead of the FOMC’s rate decision. The TSE saw gains in technology and financial stocks, with the index rising 0.86 percent. Wall Street closed lower, with the Dow dropping 1.01 percent, the NASDAQ falling 0.95 percent, and the S&P 500 declining 1.13 percent. Traders are anxious about the Fed’s decision to potentially raise interest rates by 75 basis points, while Treasury yields rose. Crude oil prices dropped due to concerns about rate hikes and energy demand.

Read more at Nasdaq MarketSite: Taiwan Stock Market May Hand Back Tuesday’s Gains