Wall Street is poised to open with gains as the Federal Reserve wraps up a two-day policy meeting where it will almost certainly leave interest rates unchanged, the Associated Press reports. Futures for the S&P 500 and the Nasdaq composite rose 0.6% before the bell Wednesday. Futures for the Dow Jones Industrial Average rose 0.7%.
Walt Disney Co. jumped more than 6% in premarket after the entertainment behemoth easily beat Wall Street’s profit targets for the second quarter. Disney’s revenue rose 7% from the same quarter a year ago as it added another 2.5 million Disney+ and Hulu subscribers.
Video game company Electronic Arts climbed more than 5% after it announced preliminary results for its most recent quarter, which also easily beat analysts’ sales and profit targets.
U.S. benchmark crude oil gained 48 cents to $59.57 per barrel. Brent crude, the international standard, gained 40 cents to $62.55 per barrel.
The dollar rose to 143.34 Japanese yen from 142.41 yen.
