Stocks Inch Higher Before Fed

New home sales dove unexpectedly ahead of next week's FOMC meeting. Meanwhile, Google will join the S&P 500 index

Stocks finished modestly higher in choppy trading Friday, after a weak home sales report sent Treasury yields lower. Caution likely limited gains ahead of next week's two-day FOMC meeting, which starts Monday, says Standard & Poor's MarketScope.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.