Before the Fed meeting, Elon Musk sold more Tesla stock

Dow Jones futures edged higher after a stock market sell-off on Monday, before this week's Fed meeting. Tesla shares fell below key support levels, while Apple reversed sharply after hitting a record high. Stock market leaders Advanced Micro Devices and Nvidia fell sharply. On Monday, the Dow fell 0.9 percent. The S&P 500 also fell 0.9 percent, while the Nasdaq Composite also fell 1.4 percent. The small-cap Russell 2000 index fell 1.4%.

After the stock market closed on Monday, Dow Jones futures and S&P 500 futures rose 0.2 percent relative to fair value, while Nasdaq 100 futures rose 0.1 percent. Keep in mind that pre-market behavior on Dow Jones futures and elsewhere doesn't necessarily translate into actual trading on the next regular stock market trading session.

Tesla shares fell 5 percent on Monday to break the key 50-day support level, a key benchmark to watch. The stock closed below the 50-day line for the first time since June 22. Late Monday, U.S. securities filings showed CEO Elon Musk sold another 934,091 shares of Tesla stock worth about $906.5 million. In addition, he exercised stock options to purchase 2.13 million shares of Tesla stock. The stock price traded as high as 1,243.49 points on Nov. 4, but closed on Monday with the stock price down about 22% from its 52-week high.