* Fed leaves policy rate unchanged as expected * Statement indicates next move will be a cut * Fed Chair Powell due to speak shortly * Job openings hit three-year low * Indexes: Dow up 0.28%, S&P down 0.25%, Nasdaq down 0.29% (Updates to 14:21 EDT) By Stephen Culp NEW YORK, May 1 (Reuters) - Wall Street stocks wavered before...

* Fed leaves policy rate unchanged as expected * Statement indicates next move will be a cut * Fed Chair Powell: further inflation progress not assured * Job openings hit three-year low * Indexes up: Dow 1.16%, S&P 0.80%, Nasdaq down 1.13% By Stephen Culp NEW YORK, May 1 (Reuters) - U.S. stocks initially wavered but rose on Wednesday after...

03:29 PM EDT, 05/01/2024 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.9% and the SPDR S&P Semiconductor ETF (XSD) down 0.6%. The Philadelphia Semiconductor index dropped 1%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) laid off at least 200 workers last week from its core organization...

02:46 PM EDT, 05/01/2024 (MT Newswires) -- West Texas Intermediate (WTI) crude oil fell to the lowest since mid-March on Wednesday after a report showed an unexpected rise in US crude inventories. West Texas Intermediate crude for June delivery closed down US$2.93 to settle at US$79.00 per barrel, the lowest since March 12. July Brent crude, the global benchmark, was...