U.S. stocks rise Wednesday ahead of the Fed's rate decision.

The Federal Reserve on Wednesday is expected to raise its benchmark interest rate.

The second straight meeting in an effort to tamp down inflation that's been running at a four-decade high.

Tech shares rose after Microsoft and Google parent Alphabet on Tuesday afternoon reported earnings that were better than investors feared.

The consumer-price index advanced 9.1% for the 12 months ended in June, the fastest pace since November 1981.

On a month-to-month basis, core prices rose 0.7% in June, a bit more than their 0.6% increase in May—a sign of inflationary pressures throughout the economy