US stocks edge higher as investors wait on Fed

Source: AP

By ALEX VEIGA

U.S. stocks edged higher Wednesday as investors waited on the Federal Reserve.

The central bank wraps up a two-day meeting this afternoon and investors will be parsing the central bank's statement and comments from Fed Chair Janet Yellen to see if the central bank moving closer to raising its benchmark interest rate.

Energy stocks were among the biggest gainers as oil prices rose.

KEEPING SCORE: The Dow Jones industrial average rose 34 points, or 0.2 percent, to 17,939 at 10:18 a.m. Eastern Time. The Standard & Poor's 500 index added four points, or 0.2 percent, to 2,100. The Nasdaq composite gained 15 points, or 0.3 percent, to 5,070.

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