US President Donald Trump and Canadian Prime Minister Mark Carney walked back their pledge of an imminent trade deal during their meeting. US Treasury Secretary Scott Bessent, however, said a partial trade agreement could be announced as early as this week. Meanwhile, investors are waiting for the Fed's policy decision. US stocks retreated on Tuesday.The S&P 500 closed down 43 points or 0.8% at 5,606. The DJIA dropped 389 points or 1% to close at 40,829. The Nasdaq slipped 154 points or 0.9%, closing at 17,689.Related NewsUOB Kay Hian Drops HKEX (00388.HK) TP to $390 as Quarterly Results in LineTesla (TSLA.US) 's new car sales in the UK and Germany sank to their lowest level in over two years in April. Its stock price closed down 1.8%. With the consensus being that the central bank will announce no change to interest rates on Wednesday, Meta (META.US) dipped 2%, while Nvidia (NVDA.US) also edged down. Goldman Sachs (GS.US) maintained a nearly 2% loss throughout the day, weighing down the DJIA.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)