US STOCKS-Wall St rises as investors look for clues from Fed meet

miércoles 17 de junio de 2015 11:13 GYT

* Fed statement at 2 p.m. ET; Yellen conference at 2:30 p.m.

* Weekly mortgage application falls 5.5. pct

* Dow, Nasdaq lower for the month

* Indexes up: Dow 0.2 pct, S&P 0.2 pct, Nasdaq 0.3 pct (Adds details, changes comment, updates prices)

By Tanya Agrawal

June 17 (Reuters) - U.S. stocks were marginally higher on Wednesday as investors await a Federal Reserve statement that could provide hints on the timing of a rate hike.

The Dow and the S&P 500, however, were lower for the month.

Investors will scour the statement for any signs of when the Fed is likely to begin raising interest rates and the pace of any subsequent hikes.

The Fed statement is due at 2:00 p.m. ET (1800 GMT), followed by Chair Janet Yellen's news conference half an hour later, with analysts expecting her to focus on signs the economy is recovering after a bumpy start to the year.   Continuación...