Market indecisive as Fed considers hike

THE market could not seem to decide how to move on Wednesday as the Federal Open Market Committee (FOMC) wraps up its meeting with a decision on an interest rate increase - or not.

Singapore's benchmark Straits Times Index rose in the morning but dipped nearer the end of the trading session to finish a mere 2.18 points or 0.06 per cent lower at 3,511.13.

Market watchers observe "indecision" and a wait-and-see attitude among investors, …