U.S. stocks were mixed on Thursday while investors awaited the Federal Reserve’s decision on interest rates, scheduled for later in the day.
The S & P 500 gained 0.4 percent in early trading, although its momentum slowed significantly after a sharp rise the day before following Donald Trump‘s presidential victory.
The Dow Jones Industrial Average fell 62 points, or 0.1 percent, while the Nasdaq composite rose 0.7 percent.
McKesson, a health care services company, led the market’s gain, jumping 8.1 percent after reporting stronger-than-expected quarterly profits.
The company benefited from growth in its pharmaceutical business and raised its profit forecast for the year.
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