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US stocks hold steady as the countdown ticks to a Federal Reserve decision on interest rates

NEW YORK (AP) — U. S. stocks are drifting Wednesday as the countdown ticks toward this afternoon’s announcement from the Federal Reserve on what it will do with interest rates. The S&P 500 rose 0. 2% and pulled within 1% of its all-time high, which was set earlier this month. The Dow Jones Industrial Average was up 149 points, or 0. 3%, as of 12:46 p. m. Eastern time, and the Nasdaq composite was mostly unchanged. The day’s highlight will likely be what the Federal Reserve says, if about...

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