Stocks soared across the board Wednesday in the lead-up to the Federal Reserve's mid-afternoon policy statement. The main indexes built on these gains after the central bank left the federal funds rate unchanged, as expected, but hinted that a September rate cut could be in the cards.
There was plenty for Wall Street to take in ahead of the Fed. Tech stocks were the main focus on the earnings calendar, with most headlines centered around Microsoft (MSFT, -1.1%).
