1419 ET - U.S. stocks are mostly higher, but the Nasdaq falls into negative territory following the Fed's decision to leave rates unchanged. FOMC says, "Economic activity is expanding at a strong pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient." The statement says job gains have kept pace with the workforce, and the unemployment rate has changed little. There were dissents from Cook and Hammack, which BMO said recently could be a way to signal "hawkishness without forward guidance." The DJIA is up 0.2% and the S&P 500 gains 0.1% while the Nasdaq slips 0.2%.
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