Market Update: The S&P/ASX 200 is up 0.1% higher at 5,096pts as investors await the US Federal Reserve meeting. Financials rebounded after recent weakness with all major banks up between 0.5% and 0.6%. Resources were mixed with BHP falling 0.3% while RIO adding 0.4%. The AUD is currently trading at US$0.8940. The SPI was down 0.1% at 5,095 points on the Sydney Futures Exchange.