Wall Street Slips, Energy Stocks Surge On Oil Gains: What's Moving Markets Wednesday?

Wall Street traded lower on Wednesday, extending the previous day's risk-off mood sparked by Federal Reserve Chair Jerome Powell's remarks.At midday in New York, all major indexes were in the red: the S&P 500 slipped 0.3%, the Nasdaq 100 lost 0.5%, and the Russell 2000 fell 0.6%.FCX is taking a hit from negative sentiment. Get the inside scoop here.Investors bristled at Powell's comments that further rate cuts are not a given, underscoring a data-dependent stance, while also calling equity markets "fairly h ...