New Delhi, Sept. 24 -- US stock indices were mixed on Wednesday after comments from Federal Reserve Chair Jerome Powell.

On Tuesday, Powell had characterized equities as "fairly highly valued."

As of 10:30 AM Eastern Time, the S&P 500 was virtually unchanged, the Dow Jones Industrial Average was up 0.1%, and the Nasdaq Composite was flat.

As of 9:35 AM Eastern Time, the S&P 500 edged up by 0.1%, the Dow Jones Industrial Average was up 0.3%, and the Nasdaq Composite was 0.1% higher.

At the open, the Dow Jones Industrial Average rose 76.2 points, or 0.16%, to 46,368.94. The S&P 500 rose 12.9 points, or 0.19%, to 6,669.79, while the Nasdaq Composite rose 82.5 points, or 0.37%, to 22,656.015.

In the bond market, the yield on the 10-year ...