Market drifting ahead of Fed announcement The averages are drifting in negative territory as they have for most of the session. Investors have had little to key off during the first half of the session as they await results from the Federal Reserve's Open Market Committee meeting, which will be announced at 2:00 pm ET. Declining stocks are ahead of advancing stocks by 2:1 and down volume is ahead of up volume by the same margin. Crude oil prices are roughly unchanged while gold is higher by more than 0.3%. The Dow is down 22 points, the Nasdaq is down 7 points, and the S&P is down 2 points.