Stocks pare sharp losses after report that Fed may take wait-and-see approach to future policy decisions

REUTERS/Lucas Jackson

• US stocks clawed higher after falling sharply early Thursday.
• The Wall Street Journal reported the Federal Reserve might adopt a wait-and-see approach to future policy decisions. 
• On Tuesday, Wall Street suffered its worst day since October.
• Watch the major US indexes trade in real time here.

Wall Street closed mixed Thursday as concerns about a cocktail of factors including trade tensions, Treasury yields, and energy prices weighed on global markets, extending losses for the Dow Jones Industrial Average and S&P 500 following the worst day for US equities in seven weeks.

Stocks climbed back from sharp losses and the Nasdaq Composite turned positive Thursday afternoon after the Wall Street Journal reported that the Federal Reserve may adopt a wait-and-see approach to future policy decisions.

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