Stock Market Today: S&P 500, Nasdaq edge higher after Powell says rate cuts coming 'at some point' this year

Update: 2024-04-03

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US stocks were little changed Wednesday as Federal Reserve Chair Jerome Powell reiterated the Fed will likely cut interest rates this year amid inflation's "bumpy" path downward.

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Stock Market Today: S&P 500, Nasdaq edge higher after Powell says rate cuts coming 'at some point' this year

#box-pro-ellipsis-172688060350756{-webkit-line-clamp:2;}Stock Market Today: S&P 500, Nasdaq edge higher after Powell says rate cuts coming 'at some point' this year

Stock Market Today: S&P 500, Nasdaq edge higher after Powell says rate cuts coming 'at some point' this year

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Stock Market Today: S&P 500, Nasdaq edge higher after Powell says rate cuts coming 'at some point' this year