US markets today: Wall Street rises on Tesla rally ahead of Fed meeting; Fed rate cut expectations drive gains

US stocks edged higher, buoyed by Tesla’s surge following Elon Musk’s share purchase, as investors anticipate the Federal Reserve’s upcoming policy meeting. Market attention is focused on potential rate cuts and economic projections, while political pressure from President Trump adds complexity. Treasury yields dipped amid expectations of monetary easing, reflecting cautious optimism in global markets.