US stock indices opened flat on Wednesday, as investors remained cautious ahead of the Federal Reserve’s final policy decision of this year.
At the open, the Dow Jones Industrial Average rose 9.8 points, or 0.02 per cent, to 43,459.72. The S&P 500 fell 3.0 points, or 0.05 per cent, to 6,047.65, while the Nasdaq Composite rose 5.9 points, or 0.03 per cent, to 20,114.982.
The central bank is widely expected to cut rates by a quarter point.
Crude oil
Oil prices were steady on Wednesday ahead of a potential interest rate cut by the US Federal Reserve.
Brent futures rose 42 cents, or 0.57 per cent, to $73.61 a barrel at 1201 GMT, while US West Texas Intermediate crude climbed 47 cents, or 0.67 per cent, to $70.55 a barrel.
Bullion
Gold prices were little changed on Wednesday with spot gold down 0.1 per cent to $2,643.79 per ounce by 1256 GMT. US gold futures fell 0.1 per cent to $2,659.80.
Spot silver was down 0.6 per cent at $30.35 per ounce.
