Skip to main content

Stocks waver in early trade ahead of Fed decision

By WTOP Staff

The Associated Press

U.S. stocks are little changed in early trading as investors wait for the latest policy action from the Federal Reserve.

FedEx rose 5 percent after the package delivery service reported that its income rose as growth in online shopping gave its ground-shipping business a lift.

Food maker ConAgra slumped 7 percent after predicting lower profits.

Later Wednesday the Fed will release its latest policy statement following a two-day meeting. Investors expect more cuts to its economic stimulus.

The Dow Jones industrial average was little changed at 16,808 points in early trading.

The Standard & Poor’s 500 index rose two points, or 0.1 percent, to 1,944. The Nasdaq composite was unchanged at 4,336.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.63 percent.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
Read Next Story

Related News

Cards, gifts cross religious lines

Mind your mouth: How oral health affects overall health

5 questions to ask before buying a winter home