NEW YORK (Reuters) - Stocks gave up early gains and the Nasdaq and the Dow industrials turned negative on Wednesday as investors were cautious at the start of the Federal Reserve's two-day policy meeting that could bring new measures to stimulate the economy.
The Dow Jones industrial average <.DJI> dropped 0.94 points, or 0.01 percent, to 13,322.42. The Standard & Poor's 500 Index <.SPX> was up 0.15 points, or 0.01 percent, at 1,433.71. The Nasdaq Composite Index <.IXIC> dropped 2.07 points, or 0.07 percent, to 3,102.45.
(Reporting By Edward Krudy, editing by Dave Zimmerman)