US STOCKS-Wall St set to open flat as earnings roll in

lunes 25 de julio de 2016 08:52 GYT

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By Yashaswini Swamynathan

July 25 (Reuters) - Wall Street was set to open little changed on Monday as investors assessed another set of corporate earnings and ahead of the Federal Reserve's policy meeting.

The Federal Open Market Committee (FOMC), which has had to defer raising interest rates, will begin its two-day meeting on Tuesday to decide whether the U.S. economy could absorb a rate increase in the near term.

The FOMC is scheduled to announce its decision on Wednesday at 2:00 p.m. ET (1800 GMT).

Even with recent data pointing to the U.S. economy being on strong footing, the Fed is still cautious about pulling the trigger due to global uncertainty sparked by Britain's vote to leave the European Union.   Continuación...