Stock Market Update: Dow, S&P 500, and Nasdaq Gain Amid US-China Trade Talks and Fed Rate Decision

Reported about 20 hours ago

US stocks saw an uptick on Wednesday as investors anticipated significant US-China trade talks and awaited a decision on interest rates from the Federal Reserve. The S&P 500 and Nasdaq rose about 0.5%, while the Dow added over 200 points. The market reacted to news of meetings between US and Chinese officials, although expectations for a major trade deal appeared low. In corporate news, Disney raised its profit outlook following a strong earnings report, while Novo Nordisk's shares increased despite lowered sales forecasts, driven by anticipated sales boosts from intellectual property protections.

Source: YAHOO

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