Investors on Edge as Federal Reserve's Policy Decision Looms
Major United States stock futures traded higher on Wednesday, with investors closely anticipating the Federal Reserve's upcoming monetary policy decision. This meeting marks the first since President Donald Trump announced reciprocal tariffs on April 2 and has since been vocal in urging Fed Chair Jerome Powell to consider cutting interest rates.
Trade Talks Add to Market Optimism
Adding to the market's optimism are the upcoming high-level trade talks between the United States and China. Key figures including Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are set to meet with Chinese officials, sparking hopes for eased trade tensions.
Market Performance Highlights
At 4:19 am ET, the Dow Jones Industrial Average saw an increase of 0.68%, or 282 points, while the Nasdaq 100 climbed by 0.67%. Shortly after, the S&P 500 advanced by 0.70%. Meanwhile, the euro remained stable against the dollar, trading at $1.13676 at 4:27 am ET.
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