Wall Street Starts Strong on Trade Talks Hope

In a promising start to Wednesday's trading session, major US stock indices opened higher. This optimism stems from the announcement that US and Chinese representatives are set to meet in Switzerland to discuss trade relations. Investors are hopeful that these discussions could pave the way for a potential deal between the two economic giants.

Market Movements and Key Performers

The Dow Jones Industrial Average saw a notable increase, climbing 0.39% or 155 points at the opening bell. Disney led the charge with an impressive 11.40% surge. Meanwhile, the Nasdaq 100 and S&P 500 also posted gains, with standout performances from Verisk and Charles River Laboratories, which skyrocketed 3.63% and 24.06%, respectively.

Federal Reserve's Upcoming Decision

Adding to the day's financial narrative, the Federal Reserve is expected to announce its decision on interest rates later today. The prevailing expectation is that the central bank will opt to hold rates steady, a move that's being closely watched by market participants.

Currency Market Snapshot

In the currency markets, the euro experienced a slight dip against the dollar, trading 0.08% lower at 1.13602 in early trading.