12:36 PM EDT, 07/30/2025 (MT Newswires) -- US equity indexes were mixed while most government bond yields rose after midday on Wednesday as the economy grew more than forecast in Q2 and job additions in July outpaced market consensus.

The Nasdaq Composite rose 0.4% to 21,189.1, after hitting a new all-time high of 21,303.96 on Tuesday. The S&P 500 climbed 0.2% to 6,385.2, after making a fresh intraday record high of 6,409.26 in the previous regular trading session. The Dow Jones Industrial Average was little changed at 44,673.5, still trading close to its record high of 45,073.63.

Energy and materials led the decliners intraday, while the utilities sector was the top gainer.

Most US Treasury yields rose, with the 10-year yield up four basis points to 4.37% and the two-year rate 2.9 basis points higher at 3.9%.

Microsoft ( MSFT ) and Meta Platforms ( META ) will report quarterly earnings after the bell on Wednesday, the day when the Federal Open Market Committee will close its two-day meeting and release a policy statement.

While the markets are certain that the Fed will leave interest rates unchanged in July, the probability of a cut in September is 60%, according to the CME Group's Fedwatch Tool. In the policy statement, investors will look for a change that opens the door for restarting easing next month.

US economic growth, measured by gross domestic product, rose 3% in the advance estimate for Q2, above the 2.6% increase expected in a survey compiled by Bloomberg, and followed a 0.5% decline in Q1, the US Bureau of Economic Analysis said Wednesday.

Private employment rose by 104,000 jobs in July, ADP's data showed. The consensus was for an increase of 76,000 in a Bloomberg compilation. Job losses stood at 23,000 in June, revised lower from ADP's initial estimate for a 33,000 decline.

West Texas Intermediate crude oil futures rose 0.7% to $69.66 a barrel.