US STOCKS-Wall St off its lows 30 minutes before Fed decision

miércoles 27 de abril de 2016 13:30 GYT
 

* Apple falls after revenue slips first time in 13 years

* Twitter slumps 16 pct after revenue misses expectations

* Fed to release statement at 2 p.m. ET

* Dow up 0.12 pct, S&P down 0.1 pct, Nasdaq down 0.86 pct (Changes comment, updates prices)

By Tanya Agrawal

April 27 (Reuters) - U.S. stocks were off their lows 30 minutes before the Federal Reserve's interest rates announcement on Wednesday, as Apple clawed back some of its steep losses.

Apple's shares were down 6.2 percent at $97.91, making it the biggest drag on the three major indexes. They had fallen as much as 8.3 percent after the company reported its first revenue decline in over a decade.

Gains in Boston Scientific, Boeing and Mondelez also helped limit the losses.

Investors are awaiting a Fed decision on rates at 2 p.m. ET (1800 GMT). No change in rates is expected but the Fed may signal its intention to tighten policy this year.   Continuación...