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Wall Street inches up as investors eye summits, Fed decision


By Ankur Banerjee and Parikshit Mishra(Reuters) - U.S. stock indexes edged higher on Friday as investors placed bets ahead of a busy week of central bank meetings and some traders cited a shift out of emerging markets most exposed to higher oil prices and global trade tensions.Major indexes fell sharply earlier in the day, as shares of Apple Inc and its suppliers were down following a report that the iPhone maker was planning to produce fewer phones this year."Investors are coming back to the U.S. equity market as money leaves emerging markets ... after the selloff from yesterday, perhaps ...

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First Published: Fri, June 08 2018. 23:22 IST