The cut was already priced in by investors, according to data compiled by LSEG.The Nasdaq and the S&P 500 closed lower in choppy trading on Wednesday, after the Fed cut interest rates by an expected 25 basis points and Powell cited the weak job market. The Dow closed higher after meandering during Powell's speech."We fully understand and appreciate that we need to remain fully committed to restoring 2% inflation on a sustained basis. And we will do that. At the same time, we've got to weigh the risk to the ...