US-China Trade Talks Spark Market Optimism

Major stock exchanges on Wall Street opened with gains on Wednesday, buoyed by the announcement of upcoming high-level trade talks between the United States and China in Switzerland. This development has injected a dose of optimism among investors, hopeful for a potential trade deal in the near future.

Federal Reserve's Monetary Policy in Focus

Adding to the market's upbeat mood, the Federal Reserve is set to reveal its next monetary policy move later today. Expectations are high that the central bank will keep interest rates unchanged, a decision keenly awaited by investors worldwide.

Market Performance at a Glance

The Dow Jones rose by 0.39%, or 155 points, at the opening bell, with Disney shares soaring an impressive 11.40%. The Nasdaq 100 saw a modest gain of 0.07%, while the S&P 500 started the session 0.18% higher, highlighted by a staggering 24.06% jump in Charles River Laboratories' shares.

In currency markets, the euro was trading slightly lower against the dollar, at 1.13602, down by 0.08%.