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 despite pleas from President Donald Trump for a rate cut as he pursues a worldwide trade war.
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%.

Almost six minutes into stoppage time, Lamine Yamal entered the area with the ball in front of him and only the goalkeeper to beat.
The teenage sensation was being challenged by a defender, but looked in good position to find the net.

President Donald Trump plans to announce while on his trip to Saudi Arabia next week that the United States will now refer to the Persian Gulf as the Arabian Gulf or the Gulf of Arabia, according to two U.S. officials.
Arab nations have pushed for a change to the geographic name of the body of water off the southern coast of Iran, while Iran has maintained its historic ties to the gulf.

With all the pomp, drama and solemnity that the Catholic Church can muster, 133 cardinals on Wednesday began centuries-old rituals to elect a successor to Pope Francis, celebrating a morning Mass before opening the most geographically diverse conclave in the faith's 2,000-year history.
The dean of the College of Cardinals, Cardinal Giovanni Battista Re, presided over the service, urging the voters to set aside all personal interests and find a pope who prizes unity. The world today needs a leader who can awaken consciences, he said.

Crews have been fighting at least 16 wildfires throughout North Dakota in the last several days, including several large fires still burning Tuesday across wooded areas and grasslands on the Turtle Mountain Reservation near the Canadian border.
Dry and breezy conditions before the spring green-up haven't helped the situation. Much of the state is in some level of drought, including a swath of western North Dakota in severe or extreme drought, according to a recent map by the U.S. Drought Monitor.

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump 's trade war, as the two sides prepared for talks later this week.
Beijing's central bank governor and other top financial officials outlined plans Wednesday to cut interest rates and reduce bank reserve requirements to help free up more funding for lending. They also said the government would increase the amount of money available for factory upgrades and other innovation and for elder care and other service businesses.

Disney's posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service.
For the three months ended March 30, Disney earned $3.28 billion, or $1.81 per share. The Burbank, California, company lost $20 million, or a penny per share, a year earlier.

Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months, the Trump administration announced Tuesday. It comes amid growing U.S. market worry over the impact of the tariffs on the prices and supply of consumer goods.

Attacks by Ukrainian long-range drones caused flight disruption at Moscow's main airports for a third straight day on Wednesday, authorities said, as Russia prepared to receive the Chinese president and other foreign leaders for the annual Victory Day military parade in Red Square.

U.S. President Donald Trump said Tuesday that three hostages held by Hamas in Gaza have died, leaving only 21 believed to be still living.
"As of today, it's 21, three have died," Trump said of the hostages being held by Hamas, noting until recently it had been 24 people believed to be living. He did not elaborate on the identities of those now believed to be dead, nor how he had come to learn of their deaths. "There's 21, plus a lot of dead bodies," Trump said.
