随着美联储最新决定即将出台，纳斯达克、标准普尔和道琼斯指数上涨

Wall Street's major market averages have pushed up on Monday while yields cooled. After last week’s rally, investors now shift their eyes towards the Federal Reserve’s rate decision, which is scheduled for Wednesday.

The blue-chip Dow (DJI) was up 0.2%, the benchmark S&P 500 (SP500) has gained 0.2%, and the tech focused Nasdaq Composite (COMP:IND) picked up 0.2%.

From a sector point of view, nine of the 11 S&P segments are higher, with Consumer Discretionary and Utilities at the top of the leaderboard. At the same time, the two worst performing sectors on the session have been Communication Services and Consumer Staples.

Looking towards the Treasury market and yields have ticked lower. The shorter end U.S. 2 Year Treasury yield (US2Y) declined by 2 basis points to 4.98%. At the same time, the longer end U.S. 10 Year Treasury yield (US10Y) moved down by 3 basis points to 4.63%.

On the economic calendar, the Dallas Fed Manufacturing Index stayed firmly in negative territory in April as data came in at -14.5 versus the anticipated -11.3 consensus reading.

The headline for the economic calendar is set for Wednesday as Jerome Powell and the Federal Reserve announce the latest rate decision. While it's widely believed that the Fed will keep rates as is, investors will still be listening in for any forward guidance that Powell may provide.

"Markets are likely to be in limbo ahead of the Federal Reserve meeting on Wednesday. On several measures, U.S. inflation could be considered as already within the target range," said UBS' Paul Donovan.

"We think the Fed right now is making a mistake by holding rates too high for too long. That might seem an odd argument to make, given the recent inflation data, but policymakers have tools which work only with very long lags, and history shows it is always a mistake to assume that recent data is a good guide to the future," said Pantheon Macro.

From an earnings point of view, SoFi Technologies (SOFI) slid after the fintech-focused lender issued Q2 guidance that fell short of the average analyst estimate. Furthermore, shares of ON Semiconductor Corporation (ON) moved up after topping Non-GAAP EPS and quarterly revenue estimates.

Shares of Amazon (AMZN) are also coming into focus as the mega-cap stock prepares to announce its latest earnings on Tuesday. The ecommerce giant has now posted six consecutive profitable quarters as investors look to see if it can top estimates once again.

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