US STOCKS-Wall St treads water ahead of Fed meeting, data

Wall Street was flat on Monday afternoon as losses in energy shares were offset by consumer discretionary gains and investors laid low ahead of a U.S (Other OTC: UBGXF - news) . "If investors are inclined to make a bet, then they're better served by waiting a few days," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago. Global oil prices fell as much as 4 percent on concerns a six-week market recovery has gone beyond fundamentals.