Stocks slip on Wall Street as Federal Reserve begins policy meeting; Boeing and 3M higher
NEW YORK, N.Y. - Stocks are slipping on Wall Street in midday trading as traders hold back at the beginning of a two-day policy meeting of the Federal Reserve.
The Dow Jones industrial average was down 36 points, or 0.2 per cent, at 15,848 as of noon (1700 GMT) Tuesday.
The Standard & Poor's 500 index was down nine points, or 0.5 per cent, at 1,777. The Nasdaq composite fell 15 points, or 0.4 per cent, at 4,015.
NL Industries slumped 6 per cent after a California judge found the company to be among several that marketed paint they knew was harmful to children. The companies were ordered to pay $1.1 billion to 10 California cities and counties so lead can be safely removed from millions of older homes.
Boeing and 3M rose the most in the Dow.
Read more Business News
- Buskers festival remains on radarKelowna - 7:27 pm
- Harvesting rain water in the OkanaganPenticton / S. Okanagan - 7:23 pm
- Is Crime Stoppers at risk?Penticton / S. Okanagan - 4:07 pm
- Snelson to apply for change of venueKelowna - 3:59 pm
|QHR Technologies Inc||1.19||+0.01|
|Anavex Life Sciences||0.54||+0.12|
|Copper Mountain Mining||2.14||-0.06|
|Sunrise Resources Ltd||0.03||-0.005|
|Mission Ready Services||0.275||-0.02|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...