Stock Market News: S&P 500 at 5,627, Dow 30 at 41,554, Nasdaq gains slightly to 17,602 as investors await Fed rate cut

As of 12:49 PM ET, US markets remain relatively flat as investors await the Federal Reserve’s announcement regarding a potential interest rate cut:

• S&P 500 is down by 0.10%, currently at 5,627.32, losing 5.77 points.
• Dow 30 has dropped 0.16%, sitting at 41,554.73, a decrease of 67.35 points.
• Nasdaq is showing modest gains, up 0.06% at 17,602.61, increasing by 10.48 points.

Market participants are in a holding pattern, with volatility expected to increase depending on the Fed’s decision, which could have broad implications for the US economy and future rate trends.