https://apnews.com/4bca581d851e21816c297498e44cf52b

U.S. stock indexes were mostly lower Wednesday afternoon in choppy trading after the Federal Reserve said it expects to keep interest rates low through 2022 and keep up its bond purchases.

The S&P 500 was down 0.5% after initially rising to 0.4% following the release of the central bank's latest policy statement. A surge in technology sector stocks helped push the Nasdaq above 10,000 for the first time, placing it on track for its third record high close in a row.