Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.

U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where they are, a move that could upset President Donald Trump but was one that Wall Street was widely expecting.

The conclusion of the Federal Reserve’s policy meeting on Wednesday could produce a historic dissent. If so, investors should be prepared to do, well, nothing, according to one Wall Street veteran. The Fed is seen as virtually certain to leave interest rates unchanged despite intense pressure from President Donald Trump and his allies on Chair Jerome Powell to deliver a cut.

Handset and automotive revenue came up short, but Qualcomm’s CFO says the company is in a good spot to benefit from the rise of smart glasses and changes to the car industry.

Microsoft stock surged on better-than-expected financial results for its latest quarter, putting the tech giant on track to hit a $4 trillion market cap.

Republican Sen. Josh Hawley voted with Democrats to advance legislation to ban members of Congress from owning individual stocks.

Missouri Republican Sen. Josh Hawley voted with Democrats Wednesday to advance his bill to ban US lawmakers from stock trading, over the opposition of other Republicans on the panel and drawing the ire of President Donald Trump.

The measure would bar lawmakers, the president and vice president from purchasing stocks and other “covered investments.”