STOCKS GO NOWHERE: Here's what you need to know

US stocks closed little changed on Wednesday. The British pound also held relatively steady against the dollar after the formal process to trigger the UK's exit from the European Union began.

Here's the scoreboard:

• Dow: 20,673.15, -28.35, (-0.14%)
• S&P 500: 2,361.72, +3.15, (0.13%)
• Nasdaq: 5,898.06, +22.92, (0.39%)

1. The UK has triggered Article 50. Prime Minister Theresa May sent a letter to the European Council's president formally requesting a breakaway from the European Union.
2. Oil prices edged higher on Wednesday, adding to overnight gains after data showed that U.S. crude supplies rose less than expected last week, easing concerns over a global glut. Crude oil inventories increased by 867,000 barrels in the week ended March 24.
3. The attorney general of Massachusetts announced a $22 million settlement with Santander Bank on Wednesday over the bank's subprime auto loan securitization. A statement from the office of Attorney General Maura Healey said the bank had facilitated "unfair, high-rate auto loans for thousands of Massachusetts car buyers."
4. Pending home sales jumped 5.5% in February, the most since April 2010, according to the National Association of Realtors. Some prospective homebuyers are speeding up the process in anticipation of higher interest rates.

Additionally:

Older and more affluent Americans are loving life after Trump's win

RAOUL PAL: 'Everyone is going to be on the wrong side of the boat at the wrong time'

The Fed's pension fund is flashing a warning sign about the Trump trade

Chipotle's biggest competitor is a soup-and-sandwich chain

BARCLAYS: Facebook is the stock to own for the 'golden age' of mobile

MORGAN STANLEY: The bull market in commercial real estate is about to end

NOW WATCH: 7 mega-billionaires who made a fortune last year

Please enable Javascript to watch this video