US stocks were little changed Wednesday as investors turned toward the first Federal Reserve interest rate decision of 2025, while Nvidia slipped following a strong session.
The S&P 500 and Nasdaq Composite dipped 0.2% and 0.3%, respectively. The Dow Jones Industrial Average traded just up the flatline.
U.S.-listed shares of ASML, the Dutch semiconductor equipment maker, rose 6% in morning trading after fourth-quarter bookings surpassed analysts’ forecasts. Bookings in the period were €7.09 billion ($7.4 billion), down from €9.19 billion a year earlier but well above analysts’ forecasts of about €4 billion. Net profit in the fourth quarter jumped 32% to €2.69 billion as sales rose 28% to €9.27 billion. “The growth in artificial intelligence is the key driver for growth in our industry,” said CEO Christophe Fouquet.
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