Indexes edge higher on Wall Street in midday trade

Indexes edge higher on Wall Street in midday trading; eyes on Federal Reserve moves

Associated Press
Futures rise; all eyes on the Fed
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FILE - In this Tuesday, Feb. 21, 2012 file photo, traders work on the floor at the New York Stock Exchange in New York. Stock indexes are edging higher in early trading on Wall Street Tuesday, May 21, 2013, as investors look ahead to the Federal Reserve's next moves. (AP Photo/Seth Wenig, File)

NEW YORK (AP) -- Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves.

The Dow Jones industrial average was up 32 points at 15,367 at noon Eastern Daylight Time Tuesday, a gain of 0.2 percent.

The Standard & Poor's 500 index was up a point at 1,667, or 0.08 percent. The Nasdaq composite was up two points at 3,498, or 0.05 percent.

Home Depot rose 2 percent, or $1.64, to $78.40 after the home improvement retailer reported an 18 percent increase in income for its first quarter as the housing market continued to recover.

JPMorgan rose 89 cents or 1.7 percent to $53.17. Shareholders are voting on a measure that would split the roles of chairman and CEO.

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