Stocks edge higher as Fed ends two-day meeting

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NEW YORK (AP) — Stocks edged higher, extending a winning streak, as investors awaited news on whether the Federal Reserve will announce more bond purchases to stimulate the U.S. economy. Wall Street also watched for developments from budget talks in Washington.

The Dow Jones industrial average was up 10 points at 13,260 as of noon in New York. The Standard and Poor’s 500 was up three points at 1,431. The Nasdaq composite was little changed at 3,022.

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