Federal Reserve Chairman Ben Bernanke, chief inflation-watcher for the U.S. economy.(Photo: Manuel Balce Ceneta, AP)
WASHINGTON (AP) - Federal Reserve policymakers are expected to release a statement this afternoon after their two-day meeting on interest rates wraps up.
Also today, Institute for Supply Management releases its manufacturing index for April, and the Commerce Department releases figures on construction spending in March.
Automakers are due to announce their April vehicle sales figures.
CVS Caremark, MasterCard, Merck, Comcast, Time Warner and Viacom all report quarterly financial results before trading opens on Wall Street.