The Nasdaq Composite hit a fresh milestone, crossing the 10,000 mark for the first time before settling slightly below that level, but still at a record high. Large-cap tech names such as Apple and Amazon helped drive the gains, both also hitting fresh records.


For the other benchmarks, the Dow Jones Industrial Average fell 300 points or 1.09 percent, while the S&P 500 dropped 0.78 percent as investors did some profit-taking ahead of the Federal Reserve's decision on interest rates and fresh assessment of the economic recovery set for Wednesday.


Looking at stocks, travel-related companies saw profit-taking after scoring big gains in recent sessions. Dow component Boeing was lower after rallying 50 percent over the previous four sessions while American Airlines saw profit-taking following its 81 percent gain since Wednesday.

Hertz Global Holdings, which last month filed for Chapter 11 bankruptcy, was under pressure after shares soared 574 percent over the previous three sessions. Read more at FOX Business