While you were sleeping: Shuffling Fed bets

Wed, 14 Sep 2016

By Margreet Dietz Sept. 15 (BusinessDesk) - Wall Street was mixed as investors tried to position themselves for a Federal Reserve policy meeting next week as the latest expectations swung back to bets the central bank will stand pat on interest rates. In 3.09pm trading in New York, the Dow Jones Industrial Average slipped 0.2 percent. The Nasdaq Composite Index advanced 0.4 percent. In 2.54pm trading, the Standard & Poor’s 500 Index eked out a 0.03 percent gain. “It has been a zero conviction market, in line with fragile global senti...

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