Stock market today: Wall Street adds to its big gains after the Fed cuts interest rates

NEW YORK (AP) — U.S. stocks are ticking higher Thursday after the Federal Reserve cut interest rates for a second straight time, just as investors had expected.
The S&P 500 was up 0.7% in afternoon trading, as momentum slowed from its surge a day beforefollowing Donald Trump’s presidential victory. The Dow Jones Industrial Average was up 3 points, or less than 0.1%, as of 2:50 p.m. Eastern time, and the Nasdaq composite was 1.5% higher.The Fed’s announcement that it was eas