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    Wall Street Mixed Ahead of Fed Meeting


    by IBTimes


    (REUTERS) - Stocks were flat on Tuesday as investors looked for new reasons in economic data or earnings to extend a rally that pushed major averages near five-year highs.

    The S&P/Case Shiller composite index showed single-family home prices rose in November, building on a string of gains that point to a housing market that is on the mend.

    The Dow Jones industrial average .DJI was up 13.40 points, or 0.10 percent, at 13,895.33. The Standard & Poor's 500 Index .SPX was down 1.01 points, or 0.07 percent, at 1,499.17. The Nasdaq Composite Index .IXIC was down 18.21 points, or 0.58 percent, at 3,136.09.

    Investors now await the outcome of the two-day Federal Reserve policy meeting which begins later in the day.

    (Video Courtesy of Reuters)