S&P 500, Dow erase gains as Powell sees no ‘strong case’ for rate cut or hike

S&P 500, Dow erase gains as Powell sees no ‘strong case’ for rate cut or hike

U.S. stocks hovered between narrow gains and losses on Wednesday as investors reacted to the Federal Reserve’s widely expected decision to keep interest rates on hold. The S&P 500 (^GSPC) and Dow …