Markets Await Federal Reserve's Move

As the opening bell rang on Wednesday, major stock exchanges showed little movement, with investors on the edge of their seats for the United States Federal Reserve's announcement on monetary policy. The anticipation is high, with expectations leaning towards the central bank maintaining interest rates within the target range of 4.25% to 4.5%.

Corporate Earnings in Focus

In the corporate sphere, the spotlight is on several high-profile companies poised to release their earnings reports post-market. Among them are Meta Platforms Inc., Microsoft Corporation, Tesla Inc., IBM, and Levi Strauss & Co., each eagerly awaited by investors for insights into their financial health and future prospects.

Market Movements

The Dow Jones and the Nasdaq 100 kicked off the day with minimal change, while the S&P 500 saw a slight dip of 0.13% at the start. Notably, Danaher Corporation experienced a significant drop of 5.99% shortly after. In currency markets, the euro was trading 0.33% lower against the dollar at 9:29 am ET, with the exchange rate at 1.03977.