Stock futures are higher as Wall Street gears up for Federal Reserve rate decision: Live updates

Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures rose early Wednesday as traders looked ahead to the central bank's interest rate decision. S&P 500 futures were 0.31% higher, while Nasdaq 100 futures added 0.81%. Futures tied to the Dow Jones Industrial Average were up 0.11%. During the day's regular session, the Dow climbed to new intraday and closing highs, ultimately gaining 328.64 points, or 0.64%. The blue-chip index crossed over 52,000 for the first time during the trading session, but ultimately closed a hair below the level. On the other hand, the S&P 500 and Nasdaq Composite shed 0.57% and 1.15%, respectively. SpaceX shares continued their winning ways, closing up more than 4% in Tuesday's session. Elon Musk's space company is up almost 50% from its initial public offering price of $135 a share. The stock extended gains in after-hours trading, last up 2%. Asia markets closed mostly higher Wednesday, with Japan's Nikkei 225 scaling a new peak, and rising 0.72%. South Korea's Kospi advanced 1.58%. Hong Kong Hang Seng Index was down 0.78% as of its last hour of trade, while mainland China's CSI 300 gained 0.97%. Australia's benchmark S&P/ASX 200 rose 0.54%. The moves came after all three major averages rose on Monday, following an announcement from President Donald Trump that the U.S. and Iran had reached a potential deal to end the war. …