Major US stock indices were rising moderately on Wednesday amid uncertainty waiting for hints about future actions of the US Federal Reserve (Fed), trading data showed.

US stock indices charts

The Dow Jones Industrial Average gained 0.11% to 32958.16 points, the NASDAQ hightech index gained 0.44% to 12434.3 points and the S&P 500 broad market index gained 0.19% to 413.74 points.

U.S. stock indexes are weakly rising Wednesday as investors, hoping for hints on the Fed’s future actions, await a speech by Regulator Chairman Jerome Powell at the Jackson Hole conference.

“There is a mountain of expectations piling up regarding Powell’s speech at the annual central bank symposium,” briefing.com analyst Patrick O’Hare was quoted by Agence France-Presse as saying.

“These expectations range from fear of a decisive hawkish performance to hope for a softening of the outlook for interest rate hikes,” the expert added.

Earlier we reported that the dollar was trading mixed against the euro and the yen.