Wall Street Opens Higher Amid US-China Trade Talks

Major stock exchanges on Wall Street opened with gains on Wednesday, buoyed by news of upcoming high-level trade discussions between the United States and China in Switzerland. This development has injected a dose of optimism among investors, hopeful for a potential deal in the ongoing trade relations between the two economic powerhouses.

Market Movements and Key Performers

The Dow Jones climbed 0.39%, or 155 points, at the opening bell, with Disney leading the charge, soaring 11.40%. The Nasdaq 100 saw a modest gain of 0.07%, while Verisk jumped 3.63%. The S&P 500 started the session 0.18% higher, highlighted by Charles River Laboratories' impressive 24.06% surge.

Currency and Federal Reserve Watch

In currency markets, the euro traded slightly lower against the dollar, down 0.08%. Investors are also keenly awaiting the Federal Reserve's upcoming monetary policy announcement, with expectations set for interest rates to remain unchanged.