Among the Nasdaq 100 stocks, Workday WDAY and Netflix NFLX rallied more than 9% and 1%, respectively, making them some of the best performers in morning trading. Both are attempting to regain their 50-day moving averages.

U.S. stock futures and 10-year Treasury yields were slightly lower early Wednesday, hours before the Federal Reserve is widely expected to cut its benchmark interest rate for the first time this year.

The Dow rose while the S&P 500 and Nasdaq fell Wednesday as the stock market stalled after the Federal Reserve's rate cut.

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Stocks closed slightly lower Tuesday, a day before the Federal Reserve's decision on interest rates. The Nasdaq and S&P 500 set fresh all-time intraday highs before trailing off, while the Dow Jones Industrial Average slipped 0.

The Dow, S&P 500 and Nasdaq fell Tuesday as the stock market waited for the Federal Reserve's latest interest-rate decision.

US stocks closed out a winning week mixed on Friday as Wall Street took stock of the US economy from a lofty, record-setting perch ahead of the Federal Reserve's highly anticipated decision on interest rates next week.

The sentiment is Wall Street will be driven by Feds policy and outlook announcement on Wednesday. In the early trade, US dollar traded near its 2 and half month low, while US stock futures in foreign market traded in narrow range.

Investors react to a Federal Reserve rate cut and Chair Jerome Powell's comments on the monetary policy path.