Wall Street ends mixed after the Fed says it’s still waiting to see the effects of Trump’s tariffs

NEW YORK (AP) — U.S. stocks drifted to a mixed finish on Wednesday after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that.

The S&P 500 finished nearly unchanged and edged down by less than 0.1% after flipping between modest gains and losses several times. The Dow Jones Industrial Average dipped 44 points, or 0.1%, and the Nasdaq composite rose 0.1%.

Treasury yields also wavered but ultimately held relatively steady...