Wall Street closes higher ahead of Fed decision

US stocks rose today amid markets anticipation for the US Federal Reserve's decision tomorrow, in addition to positive remarks by President Trump on China.

President Trump said that the US may soon reach a trade deal with China ahead of the 2020 presidential election.

Otherwise, Saudi Arabia confirmed that oil production has returned to normal levels after using Aramco's stockpiles to meet its commitments, after the production disruption due to the sabotage attacks.

The US Federal Reserve will unveil its interest rate decisions after its meeting tomorrow, with forecasts of a rate cut for the second time this year.

In the oil market, WTI fell by 5.7% to close at $59.34 a barrel, with an intraday high of $62.5 and a low of $58.7 .

Brent fell by 6.5% to $64.55 a barrel, with a high of $69.2 and a low of $64.2.

Dow Jones rose by 0.1% or 34 points to close at 27,111 points, with an intraday high of 27,111 and a low of 26,984.

Nasdaq rose by 0.4% or 32 points to 8,186, with a high of 8188 and a low of 8139 .

S&P 500 rose by 0.2% or 7 points to close at 3,005 points, with a high of 3006 and a low of 2993 points.