Mumbai, Sept. 15 -- The Nasdaq ended the session off its best levels of the day but still closed up 98.03 points or 0.4 percent at 22,141.10. The Dow, on the other hand, slid 273.78 points or 0.6 percent to 45,834.22 and the S&P 500 edged down 3.18 points or 0.1 percent to 6,584.29.

Wall Street showed mixed performance as investors awaited the Fed's policy decision next week. With inflation easing and labor market weakness, the central bank is expected to cut rates by 25 basis points, with slim odds of a deeper cut. Traders will closely watch Powell's remarks for signals on future moves, as further cuts in October and December remain likely but data-dependent.

University of Michigan released preliminary data showing consumer sentiment i...