According to CNBC, the S&P 500 rose Wednesday ahead of the Federal Reserve's interest-rate decision, with market odds of a hike still above 90% according to the CME FedWatch Tool. Jim Cramer said a rate increase would make people feel better because inflation remains too high, while J.B. Hunt Transport Services fell about 13% after warning that elevated fuel costs could hurt profits. Other logistics stocks, including FedEx Freight and FedEx, also declined on the news.
