Wall Street Rises as Investors Eye GDP and Fed Moves

Wall Street's main indexes experienced an upward trend on Wednesday as investors reacted positively to better-than-expected GDP data. Analysts are keenly observing the Federal Reserve's policy decision and crucial tech earnings reports, which could further influence market directions.

At the opening bell, the Dow Jones Industrial Average increased by 44.9 points, translating to a 0.10% gain, reaching 44,677.9. Similarly, the S&P 500 saw a rise of 10.4 points, a 0.16% increase to a level of 6,381.23.​

Additionally, the Nasdaq Composite reported a gain of 42.1 points, marking a 0.20% increase and settling at 21,140.397. These developments signal investor confidence ahead of anticipated policy and earnings announcements.

(With inputs from agencies.)