US stocks mixed ahead of Fed decision

New York, Sept 17, 2025 (AFP)
Wall Street stocks were mixed early Wednesday as markets await a Federal Reserve decision that will offer clues on monetary policy in the coming period.
The Fed is overwhelmingly expected to cut interest rates by 25 basis points. The question is whether the central bank will signal additional cuts later this year.
"The effect of a 25 basis point cut has already been priced in," said Sam Stovall of CFRA Research. "What we don't know is how hawkish or dovish Powell will sound. The response to that hawkishness or dovishness has not been appropriately factored in."
About 20 minutes into trading, the Dow Jones Industrial Average was up 0.6 percent to 46,028.54.
The broad-based S&P 500 added less than 0.1 percent at 6,609.73, while the tech-rich Nasdaq Composite Index dropped 0.3 percent to 22,257.40.
Wednesday's meeting comes as US President Donald Trump keeps up pressure on Chair Jerome Powell and other members. Trump has sought to fire Fed Governor Lisa Cook but has so far been blocked by the courts.
"There will be politics attached to this outcome, even though it won't be stated," Stovall said.
Among individual companies, Nvidia fell 2.5 percent following a report that major Chinese tech companies can no longer buy the company's semiconductor chips.

Sumber : AFP