Wall Street wobbled through a listless session and closed mixed tonight as investors awaited the results of this week’s Federal Reserve meeting. Modest gains in the Dow Jones industrial average were enough for the index to set new trading and closing records.

Investors shrugged off rising crude futures today to capture bargain-priced shares, sending the Nasdaq composite index up 2% ahead of Google Inc.’s much-anticipated initial public offering of stock.

VODAFONE’S share price has come under renewed pressure amid rumours of an intended bid for AT&T’s mobile giant AT&T Wireless in the United States.

Wall Street sold off today after a cautious outlook from Microsoft increased investor concerns that quarterly earnings do not justify current stock price levels.