U.S. stocks fell ahead of a highly-anticipated Federal Reserve policy decision that is expected to clarify the central bank’s plans to unwind stimulus measures.
The S&P 500 declined 0.3% in Wednesday morning trading, bringing the U.S. stock benchmark’s losses this week to 1.9%. The Dow Jones Industrial Average dropped 0.3%, or about 115 points. The Nasdaq Composite Index retreated 0.5%.