New York • U.S. stocks turned mostly higher in mid-morning trading Wednesday as investors waited to hear from the Federal Reserve later in the afternoon.
KEEPING SCORE: The Dow Jones industrial average rose 82 points, or 0.5 percent, to 16,211 as of 10:40 a.m. Eastern. The Standard & Poor's 500 index rose six points, or 0.3 percent, to 1,847 and the Nasdaq composite fell less than a point to 4,262.
FED MINUTES: On an otherwise quiet day for corporate and economic news, investors will get a chance later Wednesday to look over minutes from the Federal Reserve's policy meeting last month. The minutes will be released at 2 p.m. Eastern time. At that meeting, Fed policymakers voted to further reduce the bank's bond-buying program, which has held down long-term interest rates and helped push the stock market higher. It was also the last meeting led by former Fed Chairman Ben Bernanke.