Wall Street indices surge on Wednesday at the start of trading

US indices opened strongly on Wednesday, with the Nasdaq leading the gains among Wall Street's major indices.

This surge in US indices comes after a temporary ceasefire agreement was reached between the United States and Iran.

Indices' movements

The US indices moved as follows:

The Dow Jones opened 2.93% higher and continued its upward trend, reaching $48,010.

The index is expected to continue its rise and target areas near $48,409.

The Nasdaq opened 3.37% higher and continued its upward trajectory, reaching $25,087.

The index saw a very strong rise as a result of the temporary cessation of hostilities, and it is currently expected to continue its upward trend in the medium term.

The S&P 500 opened with a 2.58% gain, and the US index continued its climb to levels of $6808.

If the index closes today with a bullish candle, we may see a continuation of the upward trend in the medium term due to the cessation of the current war.