India, Jan. 29 -- Stocks have moved mostly lower during trading on Wednesday, giving back ground following the notable rebound seen in the previous session. The Nasdaq and the S&P 500 have moved to the downside, although the narrower Dow is posting a modest gain.
Currently, the Nasdaq is down 123.84 points or 0.6 percent at 19,609.74 and the S&P 500 is down 19.19 points or 0.3 percent at 6,048.51. The Dow, on the other hand, is up 32.61 points or 0.1 percent at 44,882.96.
Concerns about the outlook for interest rates may be weighing on the markets ahead of the Federal Reserve's monetary policy announcement this afternoon.
With the Fed widely expected to leave interest rates unchanged, traders will pay close attention to the accompanying ...