Market

US Markets Await Fed Decision: Pre-Market Gains and Key Economic Reports in Focus

Pre-Market Activity on Wall Street

On Wednesday, major Wall Street stock markets experienced mostly higher trading during the premarket hours, with investors eagerly awaiting the Federal Reserve's latest monetary policy decision, set to be revealed later today. This anticipation also coincided with the expected release of reports on mortgage applications and the number of new single-family homes and buildings constructed in the United States during November.

Market Indicators

The Dow Jones Industrial Average rose by 0.11% at 4:30 am ET, while the Nasdaq 100 remained flat. Shortly thereafter, the S&P 500 index climbed by 0.10%. Meanwhile, the euro strengthened by 0.06% against the dollar, trading at $1.04949 at 4:29 am ET.