Investors on Edge as Federal Reserve's Rate Decision Looms

The US stock market experienced a cautious start on Wednesday, with major indices trading flat to lower. Investors are keenly awaiting the Federal Reserve's announcement on monetary policy, expected to keep interest rates steady between 4.25% to 4.5%.

Corporate Earnings in the Spotlight

As the market braces for the Fed's decision, attention is also turning to the corporate sector. Giants like Meta Platforms Inc., Microsoft Corporation, Tesla Inc., IBM, and Levi Strauss & Co. are poised to release their earnings reports post-market close, adding another layer of anticipation to the day's events.

Market Movements and Currency Fluctuations

The Dow Jones and Nasdaq 100 opened without significant movement, while the S&P 500 saw a slight dip of 0.13%. Notably, Danaher Corporation's shares took a sharp 5.99% dive shortly after the opening. Meanwhile, the euro experienced a 0.33% decrease against the dollar, trading at 1.03977 at 9:29 am ET.