India, Jan. 29 -- Stocks moved mostly lower over the course of the trading day on Wednesday, partly offsetting the notable rebound seen in the previous session. The major averages climbed off their worst levels in late-day trading but still closed in negative territory.
The Nasdaq slid 101.26 points or 0.5 percent to 19,632.32, the S&P 500 fell 28.39 points or 0.5 percent to 6,039.31 and the Dow dipped 136.83 points or 0.3 percent to 44,713.52.
The lower close on Wall Street came after the Federal Reserve announced its widely expected decision to leave interest rates unchanged following its first monetary policy meeting of 2025.
The Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent in sup...