S&P 500, Dow steady on boost from JPMorgan; Fed meet in focus

  • JPMorgan rises on plans to buy most of First Republic assets
  • Fed expected to raise rates later this week
  • Indexes: Dow up 0.12%, S&P up 0.04%, Nasdaq down 0.14%
  • The S&P 500 and the Dow edged higher as JPMorgan shares rose after the lender said it will buy most of First Republic Bank’s assets, while investors refrained from making big bets ahead of the Federal Reserve’s policy decision this week.

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