The SP 500 and Nasdaq edged higher in volatile trading on Wednesday as technology stocks rose ahead of Nvidias quarterly results while the Dow eased Indexes pared gains after minutes from the last Federal Reserve meeting showed policymakers cautioned that lower borrowing costs could undermine the fight against inflation The Fed cut rates by a quarter of a percentage point at each of its meetings in September and October Worries about a cooling labor market persisted ahead of Thursdays release of the September US jobs report following the record-long US government shutdown The US Bureau of Labor Statistics said it will not publish the October employment report but will instead combine nonfarm payrolls for that month with Novembers report A lot has changed since the Fed last met but it seems as though the biggest disagreement among Fed officials was the timing of the next move not the magnitude or direction said Brian Jacobsen chief economist at Annex Wealth Management in Menomonee Falls Wisconsin Shares of Nvidia were up 17 with its earnings seen as a test for the artificial intelligence-driven rally that has pushed the market to record highs this year
