NYSE Trader surprised
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020
  • US stocks traded mixed as investors took in the US Treasury's refunding plans and awaited an update from the Fed. 
  • The Treasury said it will issue $776 billion of government bonds this quarter.
  • Meanwhile, traders are waiting on the Fed's next interest rate decision at 2 p.m. ET. 

US stocks inched higher on Wednesday as investors took in the US Treasury's refunding plans and awaited the Federal Reserve's next interest rate decision.

Major indexes were green following Tuesday's gains. October ended with the stock market's third consecutive monthly loss.