Wall Street sees mixed results ahead of U.S. Fed decision – National [Video]

Stocks wavered on Wall Street Wednesday as China steps up measures to shore up its economy and gears up for trade talks with the U.S.

The S&P 500 index was mostly unchanged in morning trading Wednesday. The Dow Jones Industrial Average rose 147 points, or 0.4 per cent, as of 11:07 a.m. Eastern. The Nasdaq composite fell 0.3%.

Most stocks in the S&P 500 gained ground, but a drop for technology stocks with outsized values and influence on the market’s direction kept those gains in check. Google fell 3.8 per cent and Apple fell 1.8 per cent.

The Walt Disney Co. soared 10.8 per cent after easily beating analysts’ profit targets, raising its profit forecast and adding more than a million streaming subscribers.

The encouraging update from the entertainment giant comes amid broader worries that tariffs will potentially sap consumer spending and hurt a wide range of companies, especially those focusing on discretionary …