The Wall Street opened slightly higher in the early trading session on Wednesday as the investors are keenly waiting for the announcement of the major policy decisions by the Federal Reserve Chairman Jerome Powell.
Dow Jones futures rose to 26536.86. The Nasdaq opened higher at 8011.68. S&P also climbed to 2916.92.
The investors are waiting for the Federal Reserve policy decision as there is high chance of interest rate hike. Moreover, Jerome Powell is also likely to hold a press conference, where he will provide further insights about the state of the economy and impact of trade war with China.