Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.

The S&P 500 was edging up by 0.2 percent in afternoon trading, coming off its first loss after setting all-time highs for six successive days.

Republican Sen. Josh Hawley voted with Democrats to advance legislation to ban members of Congress from owning individual stocks.

Sen. Rand Paul, R-Ky., urged Democrats to vote against the bill because it included an exemption for Trump and Vance. Sen. Bernie Moreno, R-Ohio, the original bill’s cosponsor, pulled his support when Hawley introduced the modified version, telling lawmakers during a hearing Wednesday “I have no idea what we’re voting for.”

Senators fiercely debate a bill to ban lawmakers from trading stocks, with one senator calling it "legislative demagoguery."