New York • U.S. stocks were slightly higher Wednesday in midday trading as investors waited for minutes from the Federal Reserve's latest policy meeting.
KEEPING SCORE: The Dow Jones industrial average was up 29 points, or 0.1 percent, to 16,940 as of 10:23 a.m. Mountain time. The Standard & Poor's 500 index was up a point, or 0.1 percent, to 1,983 and the Nasdaq composite was flat at 4,527.
RATE INCREASES: Many analysts predict the Fed will start raising its key interest rate sometime in 2015. Besides the release of its meeting minutes at 2:00 p.m. Eastern, investors are also waiting on a speech later this week by Federal Reserve Chair Janet Yellen. Fed officials have used the bank's annual conference in Jackson Hole, Wyoming as a venue to lay out major policy decisions in previous years.