US STOCKS-Indexes end near flat after Fed statement

Newswire

(Updates to 4 p.m.) NEW YORK, June 28 (Reuters) - U.S. stocks ended nearly flat on Thursday after the Federal Reserve said it sees moderate economic expansion over the coming quarters but kept its focus on the inflation outlook. Bond yields rose, and oil prices gained 60 cents to $69.57 a barrel. Based on the latest available data, the Dow Jones industrial average dipped 4.88 points, or 0.04 percent, to end unofficially at 13,422.85. The Standard & Poor's 500 Index was down 0.59 of ...

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