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US stocks are stuck on pause as the countdown ticks to a decision by the Federal Reserve

NEW YORK (AP) — Wall Street is stuck on pause Wednesday as it waits to hear from the Federal Reserve in the afternoon, when it’s expected to deliver the first cut to interest rates of the year. The S&P 500 edged down by 0. 3% and was drifting near its record set on Monday. The Dow Jones Industrial Average was up 217 points, or 0. 5%, as of 12:48 p. m. Eastern time, and the Nasdaq composite was 0. 6% lower. Anticipation has been building for months about this afternoon's announcement by the...

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