Investing.com - U.S. stocks were lower Wednesday ahead of the FOMC rate decision.
The DJI was off 0.15% at 10:45 ET. The S&P 500 shed 0.26%.
The tech-heavy Nasdaq composite lost 0.44%.
The Fed is expected to keep policy on hold as investors await indications of a possible June hike.
Investing.com's Fed Rate Monitor Tool shows the chances of a June 25 bp hike at over 60%.
ADP nonfarm payroll showed the economy adding slightly more jobs than expected in April.
The ISM non-manufacturing PMI came in above estimates.
Oil gave up gains after EIA said crude stocks fell less than expected.
The dollar index edged higher ahead of the Fed decision.
(NASDAQ:Apple) shares were down 0.76% at $146.39 as Q2 sales disappointed.
(NYSE:Time Warner) was up 0.23% at $99.56 as Q1 earnings beat estimates.