S&P 500, Dow slip ahead of Fed outlook; Nasdaq scales fresh high

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S&P 500, Dow slip ahead of Fed outlook; Nasdaq scales fresh high
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The S&P 500 and Dow eased on Wednesday, as losses in financial stocks outweighed a boost from technology, with focus shifting to the Federal Reserve's first projections on the economy since the coronavirus outbreak.

was up 65.23 points, or 0.66%, at 10,018.98.

AMC Entertainment Holdings Inc jumped 7% after saying it expects to reopen its movie theaters globally in July. Starbucks Corp slipped 4% as it expected current-quarter operating income to plunge by up to $2.2 billion, as well as sales declines for the rest of the year.

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