U.S. stocks close mixed as traders digest Fed chair's message
NEW YORK, May 1 (Xinhua) -- U.S. stocks ended mixed on Wednesday, following Federal Reserve Chair Jerome Powell's press conference indicating that the Fed's next action is unlikely to be an interest rate hike.
The Dow Jones Industrial Average rose 87.37 points, or 0.23 percent, to 37,903.29. The S&P 500 sank 17.30 points, or 0.34 percent, to 5,018.39. The Nasdaq Composite Index shed 52.34 points, or 0.33 percent