The S&P 500 and the Nasdaq slipped on Wednesday, as losses in tech heavyweights Apple and Nvidia pressured broader gains and cautious investors braced for the U.S. Federal Reserve's interest-rate decision,

Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first

TheStreet spoke with Brian Jacobsen, chief economist at Annex Wealth Management, about what to expect from the Fed in 2025. Conway Gittens: Well, the Federal Reserve is set to hold its first policy meeting of 2025.

Major averages are little changed on Wednesday, as investors turned their focus to the upcoming interest rate decision, and big tech earnings slated for later in the day. Early on and the S&P 500 (SP500) was -0.