US STOCKS-Wall St edges back from record, investors await Fed

miércoles 18 de febrero de 2015 12:19 GYT

* S&P 500 coming off first close above 2,100

* Investors looking to Fed minutes for hints of rate timing

* Exxon down, Deere up as Berkshire discloses new stakes

* Indexes down: Dow, S&P 500 0.3 pct, Nasdaq 0.1 pct (Updates to midday trading)

By Ryan Vlastelica

NEW YORK, Feb 18 (Reuters) - U.S. stocks were modestly lower on Wednesday, a day after the S&P 500 ended above 2,100 for the first time, as investors looked ahead to comments from the Federal Reserve.

Minutes from the January meeting of the Federal Open Market Committee will be released Wednesday afternoon, and market participants will scour them for hints about whether the central bank might change the language of its next policy statement to flag a possible increase in interest rates, which could come as early as June.

Investors also continued to watch whether a debt deal would be reached with Greece. While the United States has little direct exposure to the country, market participants are concerned that, without a deal, volatility could spread through the euro zone.

"A lot of people are focused on the Fed minutes, but that issue is kind of interwoven with the situation in Europe," said David Lebovitz, global market strategist at J.P. Morgan Funds in New York.   Continuación...