Wall Street flat after Fed statement; utilities up

With the more clear view regarding the Fed's next tightening step, high-yielding utilities stocks were bid while benchmark Treasury yields initially lost much of the day's gains. "The Fed is setting us up for the rate hike, which is inevitable and will come sometime between now and December," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York. The Fed has long stated its first rate hike in nearly a decade is dependent on the strength of the eco