Dow up 200, Fed meeting on deck, Snowflake doubles in massive IPO

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The Dow and S&P 500 had been both equally bigger on Wednesday as traders awaited the lastest monetary coverage announcement from the Federal Reserve. The Nasdaq struggled, nonetheless, as shares of main tech corporations this kind of as Amazon and Apple dropped. Traders also retained an eye on the IPO market place as cloud business Snowflake doubled its price in its investing debut.