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Here's your closing bell brief for Wednesday, September 17th. I'm Catherine Sullivan for the

Wall Street Journal. U.S. stocks closed mixed today after a volatile session driven by the Federal

Reserve. The central bank cut interest rates by a quarter of a percentage point and signaled

two more potential rate cuts in 2025.

After an initial rally following the rate decision, the Dow Jones Industrial Average

finished up 0.6%, while the S&P 500 and the NASDAQ slipped 0.1% and 0.3% respectively.

Among individual companies, Stubbhubb shares fell 6% in the the ticket resaleers public debut on the New York Stock Exchange.

Shares of Nvidia dropped 2.7% after China's top cybersecurity regulator urged tech companies to shun one of the

firm's latest artificial intelligence chips. Lyft's stock surged 13% following the announcement of a partnership with Alphabet's

Robotaxi operator, Waymo.

Workday shares rose 7% after Elliott Investment Management revealed it had invested more

than $2 billion in the HR software company.

And Paramount Group stock declined nearly 12% after the office landlord agreed to be acquired

by Rhythm Capital for $1.6 billion.

Heads up, an artificial intelligence tool helped us make this episode by creating

summaries that were based on WSJ reporting and then reviewed and adapted by an editor.

We'll have a lot more coverage of the day's news on the WSJ's What's News podcast.

You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

Business is evolving fast and hearing how others are adapting can make all the difference.

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