Wall Street indices rally on Wednesday

US indices opened Wednesday

upwards, ahead of today's Federal Reserve meeting.

The Fed is scheduled to meet today.

Following news of an expected rate cut on the dollar,

an actual cut could push the indices further higher.

The opening was as follows

Dow Jones

The Dow Jones opened trading up 0.28%.

The index continued its upward climb, reaching 45,077.

The index is still moving in a general upward trend.

Long-term expectations remain for the index to rise.

NASDAQ

The NASDAQ opened up 0.03%.

It continued to rise to 24,316.

The NASDAQ is currently attempting some corrections.

Expectations still indicate that the index will continue to rise in the long term.

Therefore, you should look for buying opportunities with each correction.

S&P 500

The S&P 500 opened up 0.05%.

It continued to rise to 6,622.

We may see some corrections in the index now after the recent rise.

If the index is indeed falling, it's best to look for new buying opportunities.