Dow Jones Leads US Indices Higher on Wednesday

US indices opened higher across the board on Monday, with the Dow Jones Industrial Average leading the gains among Wall Street's major indices.

The ongoing US-Iran conflict continues to negatively impact US indices, making caution crucial when trading them. Further losses are expected if the conflict persists and tensions escalate.

Indices' Movement

The US indices' movements were as follows:

The Dow Jones opened 0.73% higher and continued its upward trend, reaching $46,794.

The index has already reached the target we mentioned recently, and we may now see some upward corrections.

The Nasdaq opened 0.52% higher and continued its rise, reaching $24,038.

The index reached strong selling pressure, so we may see a renewed decline targeting the $23,155 level.

The S&P 500 opened 0.51% higher, and the US index continued its upward trend, reaching $6,599.

The index began a downward trend, but managed a corrective rally, aiming to reach strong selling pressure. Therefore, we expect to see a return to the downtrend and a continuation of the downward movement in the medium term.