As the presidential race tightens, uncertainty about the election is making traders more risk-averse, the Los Angeles Times reports.
Here are five things to know about the stock market and why stocks are falling, as presented by the Los Angeles Times.
1. Stocks closed lower Tuesday. The Dow Jones industrial average was down 0.6 percent to 18,037.10, Standard & Poor's 500 index was down 0.7 percent to 2,111.72 and the Nasdaq composite was down 0.7 percent to 5,153.58, according to the report.
2. The CBOE Volatility Index went up 14 percent. This measure of volatility, also known as the VIX, or the "fear gauge," reached its highest levels since June, according to the report.
3. Prices for gold went up, while the Mexican peso went down. Gold went up $14.90 to $1,288 an ounce while the peso lost 2 percent on the dollar. The value of the peso has been inversely related to Trump's success, according to the report, reflecting worries that relations with the United States' southern neighbor would erode under a Trump presidency.
4. Much of the uncertainty comes after the FBI reopened the investigation into Hillary Clinton's emails. This move put Donald Trump back in the game, according to the polls. An ABC/Washington Post tracking survey released Sunday shows Ms. Clinton has the support of 46 percent of voters and Mr. Trump has support from 45 percent. A week before, Ms. Clinton led Mr. Trump by 12 points, according to Bloomberg Politics.
5. The Federal Reserve is expected to maintain interest rates. The central bank is finishing a two-day meeting Wednesday, which is so close to the election the Los Angeles Times wrote that interest rates are unlikely to change drastically.
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