Market Snapshot: Stock market struggles to find purchase higher, as investors brace for Fed’s ‘great unwind’

U.S. stock benchmarks switched between small gains and losses Wednesday morning as investors traded skittishly ahead of the Federal Reserve’s monetary-policy update.

Although Wall Street isn’t expecting any change to rates, investors will be looking for clarity on the Fed’s projection for futures rates and what’s expected to be the launch of its $4.5 trillion asset-portfolio unwind.

The Dow Jones Industrial Average DJIA, -0.01% was little changed, up 19 points, or less than 0.1%, at 22,389, with shares of Apple Inc. AAPL, -1.84% weighing on the benchmark after it reportedly admitted there are issues with connectivity of its new Apple Watch Series 3.

>>> Original Source <<<