S&P 500 rises as Dow, Nasdaq wobble with Fed’s rate path in focus

News Snapshot:

US stocks were largely muted on Tuesday to begin a holiday-shortened week of trading, with potential policy moves by the Federal Reserve and President Donald Trump in focus. The Dow Jones Industrial Average (^DJI) and tech-heavy Nasdaq Composite (^IXIC) hugged the flatline while the benchmark S&P 500 (^GSPC) rose around 0.1% to trade near an all-time high. Stocks on Wall Street are cautiously upbeat after Monday's closure for Presidents Day as investors debate the future path of interest rates. Fed officials over the long weekend signaled a firm belief that rates should stay at current levels to combat rising inflation....