Wall Street Opens Higher Amid Trade Talk Optimism

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 sense of optimism among investors, hopeful for a potential trade deal. Meanwhile, all eyes are on the Federal Reserve's upcoming monetary policy announcement, with expectations leaning towards keeping interest rates unchanged.

Market Movements at a Glance

The Dow Jones Industrial Average climbed 0.39%, or 155 points, at the opening bell, with Disney shares soaring by 11.40%. The Nasdaq 100 saw a modest increase of 0.07%, highlighted by a 3.63% rise in Verisk Analytics. The S&P 500 also started the session on a positive note, up by 0.18%, as Charles River Laboratories witnessed an impressive 24.06% surge.

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