NEW YORK • Stocks edged lower Wednesday as investors waited to hear from the Federal Reserve about what’s next for its massive bond-buying program. More disappointing news from retailers also dragged the market lower.
In early trading, the Dow Jones industrial average lost 40 points, or 0.3 percent, to 14,965, on pace to close below 15,000 for the first time since July 3.
The Standard & Poor’s 500 index fell two points, or 0.1 percent, to 1,650. The Nasdaq composite edged down a fraction to 3,61...
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