Dow Down 3 Ahead of Fed News Apple reports strong quarterly earnings By Nick McMaster, Newser Staff Posted Jan 26, 2010 3:18 PM CST 2 comments Comments Specialist Christopher Culhane, left, and trader Andrew Silverman work on the floor of the New York Stock Exchange Tuesday, Jan. 26, 2010. (AP Photo/Richard Drew) (Newser) – Strong earnings from Apple and a high consumer-confidence reading weren't enough to sustain gains through the close today, as investors awaited news from a two-day Fed meeting on interest rates that started today, the Wall Street Journal reports. The Dow lost 3 points to close at 10,194. The Nasdaq fell 7 points, settling at 2,204. The S&P 500 dropped 5 points, closing at 1,092.