NEW YORK (AP) — U.S. stocks are hanging around their records on Wednesday as Wall Street waits to hear from the Federal Reserve in the afternoon about what it will do with interest rates.

The S&P 500 rose 0.3% in early trading. The Dow Jones Industrial Average was up 193 points, or 0.4%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.7% higher. All three indexes are coming off their latest all-time high.

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