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Stock Market Today: Stock Markets Mostly Higher Ahead of Fed Rate Decision
U.S. stock markets are mostly higher as traders anticipate the Federal Reserve's decision on interest rates, expected to remain steady at 2 p.m. ET. This environment creates a level of uncertainty ahead of the announcement, influencing market sentiment across multiple asset classes. Investors are likely balancing their positions in response to potential shifts in Fed policy, which could impact currency markets as well. Given the current neutral sentiment towards major currencies, the market's focus remains on how the Fed's decision may steer future monetary policy.