Wall Street in scattered order, still hesitant due to lack of visibility

The New York Stock Exchange moved in scattered order shortly after the opening on Wednesday, still hesitant awaiting new macroeconomic data to gauge the state of the American economy and to estimate the monetary trajectory of the Federal Reserve (Fed ).Around 2:55 p.m. GMT, the Dow Jones rose 0.14%, the Nasdaq index gained 0.11% and the broader S&P 500 index eroded 0.01%. All three indices had opened in the red. “The market is struggling to find direction,” says Adam Sarhan of 50 Park Investments. “He’s looking for the next catalyst,…