News > S&P 500 ends little changed as early gains fade before Fed decision

S&P 500 ends little changed as early gains fade before Fed decision

US stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors braced for the first Federal Reserve rate cut in 4-1/2 years. US Commerce Department reports show that retail sales rose unexpectedly in August after a decline in auto dealership receipts was offset by strength in online purchases, suggesting the economy was on solid footing through most of the third quarter.