Stock market news today: Stocks rise with Fed rates decision on deck

Front of mind for Wall Street is the Fed's decision on interest rates at the end of its meeting Wednesday afternoon, when policymakers arein the statement as well as Chair Jerome Powell's comments for clues to the Fed's thinking on the future path of rates. Officials have stressed they will tread carefully to avoid significantly slowing the US economy as they strive to cool inflation.) trading around 4.87% ahead of the Fed decision.

More financial reports rolled in, in a season that so far has failed to boost stocks. AMD's shares slipped after the chip designer'sStocks were in the green at the open as investors digested an announcement on bond issuance that met Wall Street's expectations ahead of a Federal Reserve monetary policy decision expected Wednesday afternoon.

The stocks that drove the 2023 market rally aren't moving in unison anymore, which could prevent rally in the major indexes to end the year.Telus Corp. announced a deal Tuesday with electric vehicle charging network operator Flo to help improve reliability as adoption of clean vehicle technology is expected to ramp up. Flo will use Telus' technology to monitor at least 60,000 chargers in Canada and the U.S.

BLETCHLEY PARK, England — Digital officials, tech company bosses and researchers are converging Wednesday at a former codebreaking spy base near London to discuss and better understand the extreme risks posed by cutting-edge artificial intelligence. The two-day summit focusing on so-called frontier AI notched up an early achievement with officials from 28 nations and the European Union signing an agreement on safe and responsible development of the technology.

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