Stocks turned mixed after the opening ball Wednesday, as investors awaited the outcome of a Federal Reserve meeting for clues on policy makers’ take on inflation and the central bank’s bond-buying program and outlook for interest rates. The Dow Jones Industrial Average
DJIA,
-0.13%
was down around 63 points, or 0.2%, while the S&P 500
SPX,
-0.01%
traded on either side of unchanged. The Nasdaq Composite
COMP,
+0.28%
was up 0.1% at 14,091.36. The Fed will release a policy statement at 2 p.m. Eastern, followed by Chairman Jerome Powell’s news conference at 2:30 p.m.
