For weeks, investors have been waiting to see what the Federal Reserve would do with interest rates, and the central bank's two-day meeting will come to a conclusion this afternoon. Most economists are bracing for a half-percentage point increase in short-term rates, but they'll also be looking for clues about what could come next from the Fed. Meanwhile, stock markets are taking the uncertainty in stride, with the futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) rising about half a percent as of 8:30 a.m. ET.
Some of the biggest companies on the Nasdaq have reported their latest financial results recently, and late Tuesday afternoon, investors learned about what's been happening with Starbucks (NASDAQ: SBUX) and Advanced Micro Devices (NASDAQ: AMD) . Both Nasdaq stocks are up sharply in premarket trading as shareholders respond favorably to their latest news. Read on to learn more about what's happening with the coffee and semiconductor companies .
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Starbucks and AMD Are Lifting the Nasdaq Wednesday Morning