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US STOCKS-Wall St flat as Fed decision awaited

reuters.com
US STOCKS-Wall St flat as Fed decision awaited

* Fed policy statement due at 2 p.m. ET * Netflix jumps after Goldman raises PT * Media stocks bounce on AT&T-Time Warner ruling * Indexes up: Dow 0.01 pct, S&P 0.05 pct, Nasdaq 0.34 pct (Updates to early afternoon) By Sruthi Shankar June 13 (Reuters) - U.S. stocks were little changed on Wednesday, ahead of a widely expected interest rate hike by the Federal Reserve, with focus on its guidance on the economy and monetary policy. With the 25 basis point rate hike almost certain, market participants will parse the central bank’s statement for clues on whether it will raise rates three or four times in 2018. The announcement is due at 2:00 p.m. ET. “The uncertainty is whether or not the Fed talks