NEW YORK (AP) — U.S. stocks bounced around their records after the Federal Reserve made moves to boost the job market but warned that more help isn’t guaranteed. The S&P 500 finished virtually flat Wednesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite rose 0.5%. All three were coming off all-time highs. Stocks had been on track for modest gains after the Fed said that it’s cutting its main interest rate for the second time this year. But the market snapped lower after Chair Jerome Powell later warned that a cut in December is not a foregone conclusion. Treasury yields rose in the bond market.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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