Tech rises for third day in a row ahead of Microsoft, Alphabet earnings, Fed decision in focus: AlphaCheck

Good morning. Stocks edged higher for a third day in a row in early trading on Wednesday, ahead of the Federal Reserve's policy decision and earnings from Alphabet (GOOG) and Microsoft (MSFT). The Tech (XLK) sector advanced, extending gains as shares of chip giants Nvidia (NVDA), AMD (AMD), and Broadcom (AVGO) all rose. The move higher after SK Hynix (SKHY) saw profits increase sevenfold last quarter. Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.S&P 500 sectors on Wednesday, Oct 28 Brent crude oil futures (BZ=F) gained more than 1% to hover near $111 per barrel while WTI (CL=F) also traded near $101 ahead of the Fed's policy decision expected this afternoon.