US STOCKS-Energy, health stocks weigh as Wall St waits for Fed
* Valeant down after cutting revenue forecast
* Feb retail sales fall less than expected
* Indexes down: Dow 0.20 pct, S&P 0.50 pct, Nasdaq 0.55 pct (Updates to early afternoon)
By Abhiram Nandakumar
March 15 (Reuters) - A decline in energy and healthcare stocks weighed on Wall Street on a relatively quiet Tuesday as investors awaited the outcome of the U.S. Federal Reserve's two-day policy meeting.
Global markets fell and the yen rose earlier in the day after the Bank of Japan's lowered inflation expectations suggested it may increase its stimulus program.
"After a very strong bounce in risk assets in the recent few weeks, investors are collectively holding their breath waiting for the Fed tomorrow," said Bill Merz, investment strategist at U.S. Bank Wealth Management in Minneapolis.
The Fed is not expected to raise interest rates at its meeting, which starts on Tuesday, but its comments will be parsed for clues on the path of future hikes.
Investors will also keep a close eye on data this week, after recent reports have painted a mixed picture of the health of the U.S. economy. Continuación...