Stock market today: Dow, S&P 500, Nasdaq diverge with Fed rate decision on deck

Market Overview - US stocks exhibited mixed performance with the Dow Jones Industrial Average increasing by 0.5% while the Nasdaq Composite decreased by 0.2% [1] - Investors are cautious ahead of the Federal Reserve's policy decision, leading to a period of sideways trading [2] Federal Reserve Policy Decision - There is a nearly 90% probability that the Federal Reserve will implement its third consecutive quarter-point rate cut [2] - FOMC members are divided on the need for easier policy, with some advocating for support of a cooling labor market while others caution against potential inflation risks [3] Bond Market and Commodities - Global bond yields have reached levels not seen since 2009, indicating investor concerns about the potential end of interest rate cutting cycles [4] - Silver prices have risen, surpassing $60 an ounce for the first time [4] Corporate Earnings - GameStop's stock fell by 4% after the company missed quarterly revenue estimates [4] - GE Vernova's shares increased by 13% following a dividend doubling announcement [4] - Oracle's upcoming earnings report is anticipated as a significant indicator for the tech sector, particularly in relation to AI investments [5]