Wall Street opens higher as focus shifts to Fed

Wall Street opened higher for the first time in five days on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain's possible exit from the European Union. The Federal Open Market Committee (FOMC) will release a policy statement at 2:00 p.m. ET (1800 GMT). Fed Chair Janet Yellen is scheduled to hold a press conference at 2:30 p.m. ET.