The S&P 500 index was down 1.52 points at 4,535.43, while the Nasdaq composite was up 32.34 points at 15,363.52.
Federal Reserve will begin tapering down its bond purchase program — which pumps money into the financial system and supports the economy during the COVID-19 pandemic — right away.
“The markets have been fueled by accommodative central bank policy, and that has been one of the factors that have led to returns we’ve seen over the last year, which have been phenomenal,” Nia said.