US stocks, indexes slightly up, waiting for Federal Reserve notes – Reuters Italy

July 29 (Reuters) – US indices slightly rise today, in view of a statement from the Federal Reserve that could give clues as to the timing of a rate hike.

Investors are focused on the outcome of the two-day Fed meeting, with the markets divided on whether it can take positions hawk or dove. No move on rates is expected this week.

In a recent appearance before Congress, the Fed President Janet Yellen did not rule out a possible rate hike in September but has not even hinted that it is a sure thing. The statement is expected at 20 hours Italian.

The recent fears over crisis greek debt and the drop in Chinese markets prompted some investors to bet that the Fed will keep interest unchanged until the end of the year.

“If the Fed continues to be relatively neutral tones probably markets will continue to stabilize,” says the strategist at Societe Generale Alvin Tan.

At around 17, the Dow Jones rises 0.48%, the S & amp; P 500 of 0 , 44%, and the Nasdaq composite 0.19%.

Akamai Technologies lost more than 7% after forecasts for the quarter fell short of expectations.

The expected results after the close of Wall Street include Facebook, MetLife and Whole Foods Market.

Twitter loses 12.9% at year lows after the company reported that the average monthly number of users has increased at a slower pace since listing in 2013. More …