Stocks edge lower as investors wait on Fed
The stock market is waiting on the Fed.Major indexes drifted lower in midday trading Wednesday as traders wondered what the Federal Reserve will say about the U.S. economy and the central bank's huge stimulus program this afternoon.The U.S. central bank will release its latest policy update at 2 p.m. Eastern Daylight Time and Bernanke will speak at a press conference thirty minutes later. Comments by Bernanke last month suggesting the central bank may soon ease that support unsettled investors and caused this year's rally in stocks to stall.
Drilling Encounters High-Grade Silver Zone
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Balmoral Res is a gold development stage company based in Canada.
Its main asset in development is FENELON in Canada and its main exploration properties are MARTINIERE and NORTHSHORE in Canada.