U.S. stocks traded higher this morning, with the Dow Jones gaining around 175 points on Wednesday. The Federal Reserve will announce its policy decision at 2:00 p.m. ET. The country's central bank is widely expected to raise interest rates by 75 bps at the meeting. Fed Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.
Following the market opening Wednesday, the Dow traded up 0.57% to 30,881.09 while the NASDAQ rose 0.32% to 11,461.48. The S&P 500 also rose, gaining, 0.60% to 3,878.89.
Also check this: Market Volatility Increases Sharply Ahead Of Fed's Rate Decision
Leading and Lagging Sectors
Utilities shares rose...
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