Stocks ended the day mixed, with the Dow Jones Industrial Average down one point, the NASDAQ up 30 points, and the S&P 500 down three points. The advance/decline ratio was roughly even on the NYSE, as advancing stocks mostly matched declining issues.
The two-day Federal Open Market Committee meeting concluded a little earlier this afternoon, with the central bank providing no surprises of note with its decision to leave short-term interest rates unchanged, within a range of 0.25% to 0.50%. The stock market, off slightly before the Fed decision and accompanying rate statement, improved slightly in the first few minutes of trading, but, in general, set off few buy or sell programs initially.
Beverage giant Coca-Cola failed to impress investors with its June-quarter results. Coke shares have been solid performers throughout most of 2016, but support faltered noticeably after the company reported its fifth-consecutive negative earnings comparison.