Stocks in the green before Fed announcement: Stock Market Today | Wednesday November , 2023

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The S&P 500 (^GSPC) was up 0.4% while the Dow Jones Industrial Average (^DJI) gained 0.2%. Meanwhile, the tech-heavy Nasdaq (^IXIC) rose nearly 0.7%. Yields trended lower with the 10-year Treasury yield falling to 4.81%.

As Bespoke Investment Group recently pointed out in a research note, most of the day's market action on Fed days normally comes after Fed Chair Jerome Powell begins his press conference at 2:30 p.m.