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NEW YORK (AP) — Stocks are little changed as the dollar strengthens and investors weigh whether the Federal Reserve will raise interest rates sooner than expected.
The dollar is stronger ahead of comments from Federal Reserve Chairman Ben Bernanke, who will speak at midday before the Economic Club of Washington. Investors are worried that as the economy improves the central bank might move to raise rates and withdraw some of its support measures. That could reverse the dollar's months-long slide and put a dent in the stock market's advance.
As the dollar rises, commodities prices are tumbling. Treasurys are rising.
The Dow Jones industrial average is up 5 at 10,393. The Standard & Poor's 500 index is up 0.61 at 1,106, and the Nasdaq composite index is up 0.06 at 2,194.
