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U.S. Stocks Move To The Downside Ahead Of Fed Announcement

Stocks have moved mostly lower during trading on Wednesday, extending the pullback seen over the two previous sessions. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued.

In recent trading, the major averages have climbed off their lows of the session but remain in the red. The Dow is down 83.70 points or 0.3 percent at 32,569.50, the Nasdaq is down 58.70 points or 0.5 percent at 10,832.14 and the S&P 500 is down 16.33 points or 0.4 percent at 3,839.77.

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by RTTNews Staff Writer

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