Stock Market Today: Stocks Nudge Higher as Markets Await Fed Insight
NEW YORK (TheStreet) -- Geopolitics have been shoved to the backburner with the spotlight for U.S. investors now on Federal Reserve Chief Janet Yellen and the U.S. central bank.
Stocks were mooted early Wednesday afternoon following the sharp run-up of the last two sessions, with investors awaiting any potential surprises in the Fed minutes to be released at 2 p.m. EDT.
The Dow Jones Industrial Average ticked up 0.17% to 16,948.81. The S&P 500 was up 0.1% to 1,983.54, and the Nasdaq was up 0.03% to 4,528.96.
Despite essentially directionless trading since the opening bell and slightly negative futures, the mood of the market remains cautiously bullish.
Hewlett-Packard (HPQ) is expected by Wall Street on Wednesday to report fiscal third-quarter earnings of 89 cents a share on revenue of $27 billion. HP reports after the close of trading on Wednesday. The stock was down 0.56% to $35.28. Read More: Stock Market Today: S&P Nears Record High as Investors Await Fed Clues --By Andrea Tse in New York Follow @AndreaTTse
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