Wednesday, May 9, 2007

Stocks flat ahead of Fed rates meeting

Stocks flat ahead of Fed rates meeting (AP)

Former New York Stock Exchange Chairman Richard A. Grasso leaves New York state Supreme Court's Appellate Division after a hearing in this Jan. 10, 2007 file photo in New York. Giving Grasso a partial victory in his legal fight to hold on to his $100 million compensation package, the New York Appellate Division in Manhattan threw out four rulings against Grasso on Tuesday, May 8, 2007 that had been made by a lower court last year.(AP Photo/Mary Altaffer, file)AP - Wall Street battled back from sharp losses Tuesday to close mostly flat as investors sought buying opportunities and adjusted their holdings ahead of the Federal Reserve's meeting on interest rates.


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