- The major Wall Street indices are trading mixed on Wednesday.
- The S&P 500 Communications Services Index is up more than 1% after the opening bell.
- Investors expect the FOMC to release its Monetary Policy Statement.
The major stock indices in the US They opened in a mixed tone on Wednesday as investors refrain from taking big positions as they wait for the FOMC to announce its policy decisions after the July meeting.
At time of writing, the S&P 500 was virtually unchanged at 4,400, the Nasdaq Composite was up 0.25% to 15,000, and the Dow Jones Industrial Average is losing 0.18% to 35,062.
Among the top 11 sectors in the S&P 500, the Communication Services Index is up more than 1% after the opening bell. On the other hand, the Tech Index is losing 0.9%, limiting the rise of the Nasdaq.
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