1. On May 7th local time, U.S. stocks opened higher during Wednesday's trading session. The upcoming high-level economic and trade talks between China and the U.S. have attracted significant market attention, while investors are also eagerly awaiting the Federal Reserve's upcoming interest rate decision. At the opening, the Dow Jones Industrial Average rose by 0.4%, while the S&P 500 and Nasdaq Composite indices increased by 0.1% respectively.