The Federal Reserve cut interest rates, causing a mix of reactions on Wall Street. The S&P 500 dipped slightly, while the Dow Jones rose 260 points and the Nasdaq fell. The Fed lowered rates by a quarter point to 4-4.25%. Trump advisor Stephen Miran dissented, preferring a half-point cut to 3.75-4%.

Read more at Dow Jones & Company: Stocks Stall After Wall Street Finally Gets Its Rate Cut