Anticipation Builds for Federal Reserve's Move

As the United States stock markets opened higher on Wednesday, all eyes were on the Federal Reserve's upcoming decision on interest rates. This move comes after a notable 6.2% drop in mortgage applications, signaling investor caution and the market's sensitivity to interest rate changes.

Market Gains Across the Board

At the opening bell, the Dow Jones Industrial Average saw a 0.25% increase, buoyed by a significant 5.09% surge in The Boeing Company's shares. Similarly, the Nasdaq 100 climbed by 0.51%, with Tesla Inc. leading the charge with a 3.68% jump. The S&P 500 wasn't left behind, marking a 0.37% rise, with Boeing also being the top performer on this index.

Euro Takes a Dip

Meanwhile, the euro experienced a 0.43% decrease against the dollar, trading at $1.08973, reflecting the ongoing volatility in the currency markets amidst these economic indicators.