Nasdaq leads Wall St after Nvidia quells AI fears
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 27), boosted by gains in technology stocks after chip giant Nvidia’s blockbuster forecast renewed investor confidence in the AI trade.
The Dow Jones Industrial Average rose 149.8 points, or 0.28 per cent, to 53,613.66 at the open.
The S&P 500 rose 34.6 points, or 0.45 per cent, to 7,710.34, while the Nasdaq Composite rose 226.8 points, or 0.87 per cent, to 26,356.977. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Asia-Pacific aviation: is up really the only way?
Singapore Airlines faces some bleak choices as it lays trapped in Air India’s money pit
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand