US stocks crept lower today as Wall Street steadied itself after last week’s losses and waited for the Federal Reserve’s meeting on interest rates.

US investors, uncertain about the direction of the economy, sent stocks fluctuating throughout an erratic session today, with prices ending mixed.

US FEDERAL RESERVE chairman Alan Greenspan spent two months saying the war in Iraq was impeding the US recovery. Now that the fighting is over, the world is about to see whether he was right.