US: Wall Street subdued at open ahead of Nvidia results, Fed minutes

WALL Street’s main stock indices opened muted on Wednesday (May 22) as investors kept to the sidelines ahead of AI chip leader Nvidia’s quarterly results and the Federal Reserve’s policy meeting minutes later in the day.

The Dow Jones Industrial Average fell 9.66 points, or 0.02 per cent, at the open to 39,863.33. The S&P 500 opened lower by 2.13 points, or 0.04 per cent, at 5,319.28, while the Nasdaq Composite gained 6.40 points, or 0.04 per cent, to 16,839.02 at the opening bell. REUTERS