SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold at Jefferies and the price target cut to $17 from $27. S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are adding 0.2%.

Canada's main stock index fell on Wednesday due to losses in energy shares, even as markets braced for the U.S. Federal Reserve's monetary policy decision due later in the day. The Toronto Stock Exchange's S&P/TSX composite index was down 105.

The stock market is trading slightly higher midday before the Fed releases its rate cut decision. The S&P 500 gained 0.12%, and the tech-heavy Nasdaq Composite added 0.16%. The Dow Jones Industrial Average rose 0.

Stock futures are higher ahead of the Federal Reserve's interest rate decision, with a rate cut widely expected

Futures tied to Canada's main stock index were muted on Wednesday, as investors remained cautious about the size of an interest rate cut by the U.S. Federal Reserve later in the day. The futures on the S&P/TSX index were down 0.