Financial -- GazetteXtra

News » Money

Jun 19, 9:44 AM EDT

Stocks inch lower in early trading on Wall Street as investors wait for word from the Fed

AP Photo/Richard Drew

Business Video

Latest Market News

News Summary: Stocks slide, yields rise after Fed says it could slow bond purchases this year

La-Z-Boy, Adobe Systems, Tetra Tech, DreamWorks Animation are big market movers Wednesday

How the Dow Jones industrial average and other major indexes fared Wednesday

FedEx 4Q profit down, international customers choose cheaper service amid low-growth economy

Red Hat 1st-quarter profit grows 8 pct on subscription revenue gains; shares rise after hours

Fashion retailer H&M's Q2 profit down 11 percent amid challenging markets and krona strength

United Technologies CFO sees 2013 revenue crimped due partly to weak European economy

DuPont says it will reach low end of 2013 net income guidance because of wet spring weather

News Summary: DuPont expects to reach low end of annual guidance, citing wet spring weather

Buy AP Photo Reprints

Interactive

Are Stocks Bouncing Back?

NEW YORK (AP) -- Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve.

The Dow Jones industrial average was down 17 points, or 0.1 percent, at 15,301 in the first few minutes of trading Wednesday.

The Standard & Poor's 500 index was down two points, or 0.2 percent, at 1,649. Telecommunications stocks fell the most in index.

The Nasdaq composite index edged down three points, or 0.1 percent, to 3,478.

The Fed is winding up a two-day policy meeting. Traders hope the bank will clarify when it plans to slow down its bond-buying program.

Sprint Nextel fell 3.3 percent to $7.08 after Dish Network said it would not submit a new bid to take over the wireless carrier.

News:

Opinion:

Sports:

Multimedia:

Community:

Blogs

Services: