Investors Await Fed's Interest Rate Decision and Economic Projections

On Wednesday, major US stock market indexes opened mostly flat as investors anxiously awaited the Federal Reserve's new interest rate decision and projections for the country's economic growth. These crucial announcements are scheduled for release later in the day.

Market Performance

The Dow Jones Industrial Average and the S&P 500 showed no significant change at the opening. Meanwhile, the Nasdaq 100 decreased by 0.08% due to a 3.68% drop in Moderna Inc.'s stock value.

Euro-Dollar Exchange

The euro remained steady against the US dollar at 9:28 am ET, trading at $1.04902.