FX.co ★ US Stocks Rise for 1st Time in 3 Days

US equities experienced a modest uptick on Wednesday, with the S&P 500 increasing by 0.2%, the Nasdaq gaining 0.1%, and the Dow Jones advancing roughly 170 points as markets bounced back from two days of losses. Investor optimism was bolstered by the announcement of upcoming official US-China trade discussions scheduled this weekend in Switzerland. Treasury Secretary Bessent noted that the aim of the meeting is to focus on easing tensions rather than cementing a deal, though this could be a significant step toward settling trade conflicts and reducing tariffs. Meanwhile, market participants are keenly anticipating the Federal Open Market Committee (FOMC) decision later today, placing particular emphasis on Chair Powell's remarks about the timing of possible interest rate adjustments. On the corporate side, Disney's stocks soared by over 9% after the company unexpectedly reported an increase in streaming subscribers. Advanced Micro Devices saw a 3.4% rise following stronger-than-anticipated quarterly performance, whereas Uber's shares fell by 6% due to a revenue shortfall.