Stocks Drift Lower as Oil Gains, Treasuries Fall: Markets Wrap
U.S. stocks edged lower as oil drillers rallied with crude while industrial shares lagged behind. Treasuries fell as the Federal Reserve started its two-day policy meeting. U.S. benchmarks were mixed, with automobile and utility shares weighing on the S&P 500 Index, while a gain for Amazon.com Inc. helped lift the Nasdaq.