US stocks traded mixed on Wednesday as investors awaited the Federal Reserve's interest-rate decision, with easing oil prices offering some relief after a two-day decline. The S&P 500 and Nasdaq moved higher, while the Dow slipped, as investors weighed inflation, elevated Treasury yields and the impact of the Middle East conflict on the outlook for interest rates, Reuters reported.
At 9:38 a.m. ET, the Dow Jones Industrial Average fell 99.26 points, or 0.19%, to 51,993.85. The S&P 500 gained 13.50 points, or 0.19%, to 7,599.84, while the Nasdaq Composite rose 111.71 points, or 0.43%, to 26,093.28.
