Fed’s first rate cut today sparks Dow rally: US stock market mixed …

US stock market traded mixed on Wednesday, with investors firmly in wait-and-see mode ahead of the Federal Reserves policy announcement that could usher in the first interest rate cut of 2025. The Dow Jones Industrial Average (^DJI) climbed 253 points, or 0.55%, to 46,011 by midday. The S&P 500 (^GSPC) eased 0.1%, while the Nasdaq Composite (^IXIC) lost more than 0.5% as weakness in major …

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