Stocks rose Wednesday, as investors awaited the conclusion of a two-day Federal Reserve meeting that is likely to keep the U.S. benchmark interest rate near zero and continue support for businesses during the coronavirus pandemic.

S&P 500 futures rose 0.7%, suggesting U.S. markets could open higher. The yield on the 10-year U.S. Treasury note edged lower to 0.603%, after settling at 0.610% in the previous session.

The…

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