Wall Street Opens Higher With Focus on Nvidia’s High-Stakes Results

By Reuters

Wall Street’s main indexes opened higher on Wednesday with the spotlight firmly on Nvidia as investors wait to see if the chip designer’s results could reignite an artificial intelligence-powered rally in megacap growth stocks.

The Dow Jones Industrial Average rose 49.76 points, or 0.15 percent, at the open to 34,338.59. The S&P 500 opened higher by 8.89 points, or 0.20 percent, at 4,396.44, while the Nasdaq Composite gained 26.56 points, or 0.20 percent, to 13,532.43 at the opening bell.