By The Associated Press
Stocks fell slightly on Wednesday after the Federal Reserve cut its estimate for economic growth for the year. The Fed also said it would continue a program aimed at keeping long-term interest rates low.
The Dow Jones industrial average fell 12.94 points, or 0.1 percent, to close at 12,824.39.
The Standard & Poor's 500 index fell 2.29 points, or 0.2 percent, to 1,355.69.
The Nasdaq composite rose 0.69 points, or 0.02 percent, to 2,930.45.
For the week:
The Dow is up 57.22 points, or 0.5 percent.
The S&P 500 is up 12.85 points, or 1 percent.
The Nasdaq is up 57.65 points, or 2 percent.
For the year so far:
The Dow is up 606.83 points, or 5 percent.
The S&P 500 is up 98.09 points, or 7.8 percent.
The Nasdaq is up 325.30 points, or 12.5 percent.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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