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Stock market news today: US stocks close higher in countdown to Fed

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Investors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.

US stocks, which are heading for their third month of straight losses, closed Tuesday's trading session higher as investors weighedof how much the government would need to borrow in the fourth quarter, easing some pressure on stocks.

Oil could surge up to a record $157 per barrel if the Middle East conflict broadens and creates a large disruption in the markets, the World Bank has warned., where it lays out three risk scenarios amid the ongoing war between Israel and Hamas and the continuing conflict in Ukraine. The report says high prices of oil and other commodities"would intensify food insecurity in the region and across the world."

All of the chips use 3-nanometer technology and come with Apple’s new Dynamic Caching GPU technology, which the company says is designed to ensure that software is getting the most out of the GPU’s available resources. Overall, Apple says the M3 line is a major upgrade over the first generation M1 line of chips as well as older Intel-based MacBooks.

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