NEW YORK—Shares of broadline retailers were little changed on Wednesday, as investors awaited the Federal Reserve's decision on interest rates and its assessment of the economy.
Most investors expect the central bank to again lower its benchmark fed funds rate, this time by a quarter point to 2 percent, but to also signal they will put rates on hold to fight inflation.
Here's how key broadline retailers fared in early trading on Wednesday
Wal-Mart Stores Inc., down 23 cents to $58.38.
Target Corp., down 20 cents to $53.90
BJ Wholesale Club Inc., up 13 cents to $38.35
Sears Holdings Co., up 6 cents to $102.12.
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