US stocks mixed as investors look forward to Fed meeting | Business

NEW YORK, Sept 13, 2025 (BSS/AFP) - Wall Street stocks closed mixed on Friday as investors look ahead to the Federal Reserve's interest rate decision next week, with strong expectations of a rate cut. The Dow Jones Industrial Average dropped 0.6 percent to 45,834.22, while the broad-based S&P 500 Index was flat at 6,584.29. The tech-heavy Nasdaq Composite Index climbed 0.5 percent to 22,141.10. A University of Michigan survey showed on Friday that consumer sentiment retreated in early September, particularly among lower and middle income consumers. The report came on the heels of inflation data that met analysts' expectations, alongside numbers signaling weakening in the employment market. All of these have added to conviction that the US central bank will...