- 24Oct
(Reuters) - Stocks briefly dipped into negative territory and then inched higher on Wednesday after the Federal Reserve, in its latest policy statement, stuck to its stimulus plan. The Fed also repeated its vow to keep rates near zero until mid-2015.
The Dow Jones industrial average .DJI was up 11.13 points, or 0.08 percent, at 13,113.66. The Standard & Poor's 500 Index .SPX was up 1.18 points, or 0.08 percent, at 1,414.29. The Nasdaq Composite Index .IXICwas up 1.96 points, or 0.07 percent, at 2,992.42.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
Wall Street briefly dip, then rise after Fed