Investors set to pounce on Federal Reserve meeting minutes

Stocks (^DJI^GSPC, ^IXIC) have barely budged at the midday mark as investors are sitting tight for the latest FOMC minutes to be released at 2:00 pm ET. The materials sector (XLB) is the most in the green, as consumer discretionary (XLY) is the least in the red. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer and Yahoo Finance reporter Melody Hahm.

Today’s Midday Movers discussion topics:

  • Investors await Fed Minutes, released at 2:00 pm ET
  • Moody’s downgrades China
  • Google using credit card data to track purchases
  • Amazon’s new NYC bookstore: no cash for purchases
  • It could soon be cheaper to rent than buy in some cities
  • Serena Williams joins SurveyMonkey board