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Stocks mixed ahead of Fed; small companies slump
Stocks mixed ahead of Fed; small companies slump

Investors played it safe on Monday ahead of a potentially pivotal Federal Reserve meeting. While large company stocks ended the day little changed, smaller, riskier stocks slumped. Fed policy makers start a two-day meeting on Tuesday and many investors expect the central bank to indicate that it is moving closer to raising its key interest rate as the economy continues to strengthen. The Fed has held the rate close to zero for more than five years, and stocks have surged against that backdrop. "Reading the tea leaves, it seems that investors are trying to position themselves for a more aggressive Fed," said Jack Ablin, chief investment officer at BMO Private Bank. The Dow...

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