Cyprus News Agency

According to CCTV, U.S. stock markets were mixed on Wednesday after the Federal Reserve’s expected decision at its first policy meeting of 2026 to keep the federal funds rate target range unchanged.

The Dow Jones Industrial Average rose 12.19 points, or 0.02 percent, to 49,015.6. The S&P 500 fell 0.57 points, or 0.01 percent, to 6,978.03. The Nasdaq Composite Index gained 40.35 points, or 0.17 percent, to reach 23,857.45.

Seven of the S&P 500’s 11 major sectors closed lower, with real estate and consumer staples posting the largest declines at 0.92 percent and 0.78 percent, respectively. Meanwhile, the energy and technology sectors were among the top gainers, rising 0.74 percent and 0.62 percent, respectively.

The Federal Open Market Committee voted 10 to 2 to keep the interest rate unchanged in the range of 3.5 percent to 3.75 percent.

At the post-meeting press conference, Fed Chair Jerome Powell said tensions between employment and inflation have eased, but noted that the committee remains data-dependent.

Nvidia shares rose 1.59 percent, continuing their strong performance. Amazon shares, meanwhile, fell 0.68 percent after the company announced an additional 16,000 job cuts.