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Wall Street. Major U.S. stock-indexes are little changed
Major U.S. stock-indexes are little changed in late morning trading on Wednesday, recovering from a fall in earlier in the session, as investors await the minutes from last month's Federal Reserve meeting for clues on when interest rates will be increased. The minutes of meeting are due at 17:00 GMT0. While the central bank is broadly expected to raise rates this year, the timing of the move has kept the market on tenterhooks. The Fed has said it will raise rates only when data suggests that the economy is strengthening. Growth slowed to a crawl in the first quarter, while recent data has painted a mixed picture.
Dow stocks are mixed (15 - fell vs 15 - rose). Top looser - McDonald's Corp. (MCD, -0.79%). Top gainer - Caterpillar Inc. (CAT, +0.62%).
S&P index sectors mixed. Top gainer - Healthcare (+0,2%). Top looser - Services (-0.2%).
At the moment:
Dow 18279.00 -5.00 -0.03%
S&P 500 2124.50 0.00 0.00%
Nasdaq 100 4505.75 +4.50 +0.10%
10-year yield 2.27% +0.00
Oil 58.90 +0.91 +1.57%
Gold 1209.60 +2.90 +0.24%
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