Market recap: Stocks returned to sideways trading after the Fed stood pat while setting the...
Wednesday, August 1, 2012, 4:10 PM ETMarket recap: Stocks returned to sideways trading after the Fed stood pat while setting the stage for further stimulus ahead. While the Fed performed as expected, the expectation bar is higher for tomorrow's ECB meeting. Trading was marred by a software glitch that wiped out trades in six stocks and caused volatility in several others. NYSE decliners led advancers by nearly three to one.