US STOCKS-Wall St slips from record; focus shifts to Fed

miércoles 19 de noviembre de 2014 14:26 GYT

* Lowe's, Target shares rise after results

* Goldman sees Fed raising rates faster than market expectations

* JetBlue shares climb

* Indexes down: Dow 0.1 pct, S&P 0.2 pct, Nasdaq 0.4 pct (Updates to afternoon, changes byline)

By Caroline Valetkevitch

NEW YORK, Nov 19 (Reuters) - U.S. stocks were down slightly early Wednesday afternoon, retreating from the previous session's record closing highs on the S&P 500 and Dow, with investors cautious ahead of minutes from the most recent Federal Reserve meeting.

Tech names were among the biggest drags on the market, with shares of Microsoft down 1 percent, weighing on both the S&P 500 and Nasdaq.

Helping to limit losses, Target Corp rose 6.8 percent and Lowe's rose 6.3 percent, both after results.

The Fed is set to publish minutes from the Federal Open Market Committee's October policy meeting at 2:00 p.m. EST (1900 GMT). They are expected to show the Fed's path is diverging from other major central banks that are increasing stimulus. This view has helped strengthen the U.S. dollar, weighing on crude oil and other commodity prices.   Continuación...