Major U.S. stock-indexes are little changed on Wednesday as investors await a Federal Reserve statement that could provide hints on the timing of a rate hike. The Dow and the S&P 500, however, were lower for the month. Investors will scour the statement for any signs of when the Fed is likely to begin raising interest rates and the pace of any subsequent hikes. The Fed statement is due at 18-00 GMT0, followed by Chair Janet Yellen's news conference half an hour later, with analysts expecting her to focus on signs the economy is recovering after a bumpy start to the year. Many investors expect the Fed to signal that U.S. interest rates will be increased in September.
Most of Dow stocks in positive area (23 of 30). Top looser - UnitedHealth Group Incorporated (UNH, -0.44%). Top gainer - Intel Corporation (INTC, +0.70%).
S&P index sectors are mixed. Top gainer - Utilities (+0,6%). Top looser - Financial (-0.1%).
At the moment:
Dow 17843.00 +17.00 +0.10%
S&P 500 2089.50 +0.50 +0.02%
Nasdaq 100 4454.50 +2.75 +0.06%
10-year yield 2.37% +0.05
Oil 59.95 -0.02 -0.03%
Gold 1176.60 -4.30 -0.36%
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