Fed Cuts But Markets Waver On Mixed Signals

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe morning started off mixed as traders waited on the Fed’s policy announcement, and there was no shortage of big headlines.Nvidia dipped after word got out that China is blocking its chips, while all eyes were on Jerome Powell for clues about the interest rate outlook and the state of the economy.As expected, the Fed cut rates by 0.25% and signaled two more cuts may be on deck this year. Powell called it a “risk managem ...