Stocks are turning in a lackluster performance in morning trading on Wednesday, as traders look ahead to the Federal Reserve's monetary policy announcement. The Dow and the Nasdaq have moved in opposite directions, while the S&P 500 is lingering near the unchanged line.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 48.47 points or 0.3 percent at 14,121.33, the Dow is down 57.29 points or 0.2 percent at 34,242.04 and the S&P 500 is down 1.40 points or less than a tenth of a percent at 4,245.19.
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