The final rate-setting meeting before the November election is likely to bring the first cut since March 2020, a move likely to prove popular for everyday Americans.

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.

Wall Street ticked slightly higher early Wednesday as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years. Futures for the S&P 500 and the Dow Jones industrials were each up less than 0.

SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold at Jefferies and the price target cut to $17 from $27. S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are adding 0.2%.

Shares are mostly higher in Europe and Asia as world markets await an expected interest rate cut by the Federal Reserve

Wall Street followed global markets higher Tuesday in anticipation of what most expect will be the first interest rate cut this week by the Federal Reserve in more than four years. Futures for the S&P 500 rose 0.

The Dow Jones Industrial Average set a record, as Wall Street geared up for the most anticipated meeting of the Federal Reserve in years. The Dow rose 228 points, or