NEW YORK (AP) — Stocks are little changed in early trading as investors wait for an update from the Federal Reserve.
The Dow Jones industrial average was down 25 points, or 0.2 percent, at 15,504 after the first few minutes of trading Wednesday.
The Standard & Poor's 500 index was nearly unchanged at 1,704 points. The Nasdaq composite was up five points, or 0.1 percent, at 3,750.
The Fed is expected to announce a slowdown of its economic stimulus program after it winds up a two-day policy meeting later Wednesday.
FedEx rose $3.25 or 3 percent, to $113.93 after reporting earnings and revenue that beat analysts' estimates.
Adobe rose $3.54, or 7 percent, to $51.67 after announcing higher revenue than investors expected and a sharp increase in its subscription business.
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The New Mexico State Police officer who fired at a minivan full of children during a chaotic traffic stop has been suspended.
Albuquerque police have obtained an arrest warrant for the many investigators say held up a Home Depot store last month.
It's been steadily snowing in Albuquerque all morning as the majority of New Mexico feels the effects of the snow and dropping temperatures.
As the first week of December arrived, so did a storm bringing snow, ice and freezing temperatures.
Today’s top weather and news stories with Elizabeth Alvarez, Matt Mauro and meteorologist Kristen Van Dyke.
KRQE Sports has learned that a developmental soccer team is coming to Albuquerque. The Albuquerque Sol FC will be affiliated with Major League Soccer.