Stocks fell slightly on Wednesday after the Federal Reserve cut its estimate for economic growth for the year. The Fed also said it would continue a program aimed at keeping long-term interest rates low.

The Dow Jones industrial average fell 12.94 points, or 0.1 percent, to close at 12,824.39.

The Standard & Poor's 500 index fell 2.29 points, or 0.2 percent, to 1,355.69.

The Nasdaq composite rose 0.69 points, or 0.02 percent, to 2,930.45.

For the week:

The Dow is up 57.22 points, or 0.5 percent.

The S&P 500 is up 12.85 points, or 1 percent.

The Nasdaq is up 57.65 points, or 2 percent.

For the year so far:

The Dow is up 606.83 points, or 5 percent.

The S&P 500 is up 98.09 points, or 7.8 percent.

The Nasdaq is up 325.30 points, or 12.5 percent.