3/22, 2:31 PM (Source: TeleTrader)
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US opens flat as Fed rate decision draws near

Major stock indexes on Wall Street were muted at the opening bell on Wednesday, as investors firmly kept their focus on the incoming monetary policy decision which will be released by the Federal Reserve today, followed by Chair Jerome Powell's remarks. On the data front, the Mortgage Bankers Association (MBA) revealed its weekly survey of applications in the United States.

The Dow Jones Industrial Average, the Nasdaq 100 and the S&P 500 all traded flat at the open. The euro was 0.18% above the dollar at 9:29 am ET to change hands for 1.07859.

Baha Breaking News (BBN) / MX