Market Rebound: Dow Jones and S&P 500 Turn Green

The Dow Jones Industrial Average and the S&P 500 experienced a notable turnaround, shifting from a flat opening to a significant rise during Wednesday's trading session. This shift occurred against the backdrop of the Federal Reserve's highly anticipated monetary policy decision and economic projection.

Nvidia's Partnership with Verizon Drives Market Momentum

Adding to the market's upward trajectory, Nvidia Corporation's shares surged by 3.81%. This rise was fueled by the announcement of a strategic partnership with Verizon Communications Inc. The collaboration aims to integrate artificial intelligence (AI) into Verizon's 5G network, signaling a potential game-changer in the tech and telecom sectors.

Key Market Indices Performance

By 10:38 am ET, the Dow Jones had risen by 0.53%, equivalent to 226 points. Shortly after, the S&P 500 registered a 0.25% increase, while the Nasdaq 100 remained unchanged. Meanwhile, the euro held steady against the dollar, trading at $1.04873 by 10:39 am ET.