The Dow ends flat but S&P 500 and Nasdaq add to their steep post-election gains after the Fed trims rates and hints at more though pace is uncertain.

Wall Street's major averages were little changed on Friday, as investors seemed to take a breather from the post election rally, while assessing the Federal Reserve's latest rate cut.  Early on and the S&P 500 (SP500) was +0.

Big swings were the backdrop for the Federal Reserve’s interest rate decision and Chair Jerome Powell’s subsequent news conference Thursday afternoon.