NEW YORK, Sept. 16 (Xinhua) -- Wall Street stocks declined for a second day in early trading Tuesday following Monday's worst session since the September 11 terrorist attacks, as nervous investors awaited an interest rates decision from the Federal Reserve.

    Financial markets still are facing enormous pressure and the earnings result from Goldman Sachs has failed to boost market sentiment, analysts say.

    Goldman Sachs posted a record 70 percent fall in third-quarter profit. Meanwhile, American International Group was downgraded by S&P and Moody's as the company was struggling to raise capital. Most of the financial giants tumbled heavily in early trading.

    The market seemed unfazed after the New York Federal Reserve announced that it would inject 50 billions U.S. dollars into the banking system and stands ready to add more if needed. The move comes ahead of the decision by the Fed on interest rates later Tuesday.

    Oil plummeted 10 dollars in two sessions, which weighed on energy stocks but sent airlines higher. Light, sweet crude dropped3.86 dollars to 91.85 dollars per barrel on the New York Mercantile Exchange as refineries in the Gulf of Mexico are expected to restart production within a week.

    The Dow Jones fell 77.10 to 10840.41. Broader indexes also moved lower. The Standard & Poor's 500 index dipped 15.83 to 1,176.87; and the Nasdaq fell 21.69 to 2,158.22.