Stocks Begin Trading After Renewed Rally, Awaiting Fed comments

NEW YORK (AP) -- Wall Street investors will be looking to the Fed again for guidance today, as the policymakers end a two-day meeting. No change in interest rates is expected, so the focus will be on the Fed statement on the economy for signs of when rates might start to rise and how stimulus programs will be phased out.

A weakened dollar made commodities like oil and gold attractive bets yesterday, which in turn helped lift energy, material and financial stocks.

The Dow industrials start the day at 9,830 after tacking on 51 points yesterday. The S&P is up to 1,072 with a gain of 7, and the Nasdaq stands at 2,146 with an 8-point advance yesterday.

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