Wall Street indices see a slight drop on Wednesday

US indices opened trading on Wednesday with a very slight overall decline, with the Dow Jones Industrial Average leading the losses among Wall Street indices.

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

Indices' movements

The US indices moved as follows:

The Dow Jones opened down 0.38% and continued its decline, reaching levels of $46,507.

After rebounding from its current support levels, the index is expected to continue its upward trend in the near term.

The Nasdaq opened down 0.26% and continued its decline, reaching levels of $24,588.

The Nasdaq continues to trade sideways, and a near-term rally is expected.

The S&P 500 opened 0.33% lower, continuing its decline to around $6668.

A further pullback is anticipated, with the index likely to retest previously support levels.