08-06-2016 17:35 via news.yahoo.com

Wall Street little changed as oil pares gains

Wall Street was little changed in a narrow trading range late on Wednesday morning, with the S&P 500 inching towards its all-time high, as oil prices gave up some early gains. While oil prices held above $50 per barrel for the second consecutive day, they pared gains sharply after data showed a surprise build in U.S. gasoline inventories. Investors have all but priced out an interest rate hike when Federal Reserve officials meet on June 14-15, after surprisingly weak monthly jobs data last F
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