Wall Street limped early today, according to the Associated Press, with corporate earnings rolling in and the Federal Reserve’s next interest rate decision imminent. Futures for the S&P 500 and futures for the Dow Jones industrials each slipped less than 0.2% before the bell.
UPS tumbled more than 7% after the package delivery company unexpectedly dialed back expectations for the year.
General Motors climbed nearly 8% as the automaker’s profit and sales rose by double-digit percentages last year.
In other trading this morning, U.S. benchmark crude oil fell 20 cents to $76.58 per barrel in electronic trading on the New York Mercantile Exchange. A barrel of Brent crude, the international standard, fell 28 cents to $81.55 per barrel.
The U.S. dollar fell to 147.36 yen from 147.50 yen.
