NEW YORK (AP) — Stocks are edging higher in early trading on Wall Street, putting the market on track for its third gain in a row.
Microsoft led the Dow Jones industrial average higher after announcing a 22 percent dividend increase and a $40 billion stock buyback program.
The Dow was up 37 points, or 0.2 percent, at 15,531 after the first few minutes of trading Tuesday.
The Standard & Poor's 500 index was up four points, or 0.2 percent, at 1,701. The S&P 500 is eight points below its record high reached on Aug. 2.
The Nasdaq composite was up eight points, or 0.2 percent, at 3,726.
Trading was light as Federal Reserve policymakers gathered for a two-day meeting. Many expect the Fed to reduce its $85 billion monthly bond-buying program.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Buffalo Police have arrested 26-year-old Nicholas Finnegan of South Buffalo and charged him with pushing Russ Ross to his death.
The Niagara County Sheriff's responded to Saunders Settlement Road near Comstock in Cambria Friday night after receiving a tip about a suspected meth lab.
Police say there were 32 burglaries, 20 in Albion, five in Medina, four in Oakfield and three in the City of Lockport.
Firefighters had to withdraw from a smoky fire in Blasdell at a multi-dwelling home on South Park Avenue Friday night because the flames were so intense.
Call 4 Action looked into claims this week that members of BJ's Wholesale Club were paying too much on sales tax on some deeply discounted items.
State Police in Pennsylvania are investigating an alleged pedophile pastor already facing charges in Western New York.