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9/16, 10:32 AM (Source: TeleTrader)
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Dow up 140 pts premarket ahead of Fed rate decision

The Dow Jones Industrial Average jumped over 140 points in premarket trading, and the Nasdaq and S&P were also higher on Wednesday. Sentiment remained positive as investors awaited the Federal Reserve's interest rate decision as well as an array of economic data from the United States.

The Dow was up 0.48% at 4:29 am ET, while the Nasdaq 100 increased by 0.86% at the same time as the tech-heavy index stayed on course from the previous session. The S&P 500 was 0.57% in the green at 4:30 am ET.

The euro gained 0.18% compared to the dollar to change hands at $1.1867 at 4:31 am ET.

Breaking the News / VP