Dow Poised to Rise Near 200 Points, Fed Decision Looms—and What Else Is Happening in the Stock Market Today

Wall Street was acceptable for a buoyant unfastened Wednesday to travel planetary stocks higher, arsenic investors keenly await a cardinal determination from the U.S. Federal Reserve, and fears of contagion from indebted Chinese spot developer Evergrande stabilized.

Futures for the Dow Jones Industrial Average indicated an unfastened much than 200 points higher, aft the scale slipped 50 points Tuesday to adjacent astatine 33,919. Futures for the S&P 500 and Nasdaq indicated a likewise beardown unfastened aft a rally Tuesday fizzled retired and failed to extremity with gains.

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