Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.

The Dow Jones index was flat after the Fed interest rate decision. Nvidia stock rallied on a price-target hike.

The stock market performs better when Congress is in recess, per a study showing higher returns during such periods.

The Dow and the S&P 500 are slipping, and Nasdaq is rising, as the stock market focuses on the Federal Reserve's decision to keep rates steady.