U.S. stocks decline before Federal Reserve policy statement

U.S. STOCKS FELL TODAY in anticipation of a policy statement at 2 p.m. Wednesday from the Federal Open Market Committee including its forecasts for economic growth, inflation and unemployment. / BLOOMBERG NEWS FILE PHOTO/JIN LEE
U.S. STOCKS FELL TODAY in anticipation of a policy statement at 2 p.m. Wednesday from the Federal Open Market Committee including its forecasts for economic growth, inflation and unemployment. / BLOOMBERG NEWS FILE PHOTO/JIN LEE
NEW YORK - U.S. stocks fell, after the Standard & Poor’s 500 Index approached a record high, as investors awaited a Federal Reserve announcement on the prospects for monetary stimulus. UnitedHealth Group Inc. and WellPoint Inc. dropped more than 2.5 percent to pace declines among health-care companies. Adobe Systems Inc. rallied 7.3 percent as the…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display