US Stock Market today: Wall Street surges ahead of Fed rate decision, Nvidia hits $5 trillion valuation

US stocks opened higher on Wednesday ahead of the Federal Reserve interest rate decision and as Nvidia hits a $5 trillion valuation.

At 09:31 a.m., the Dow Jones Industrial Average rose 103.21 points, or 0.25%, to 47,809.58, the S&P 500 gained 16.90 points, or 0.24%, to 6,907.66 and the Nasdaq Composite gained 157.50 points, or 0.66%, to 23,984.99.

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