US: Nasdaq, S&P 500 open higher after Nvidia and other AI-linked stocks selloff
THE Nasdaq and the S&P 500 opened higher on Tuesday (Jun 25) as Nvidia and some other AI-linked stocks rose after bruising selloffs, while investors awaited further cues on monetary policy path based on remarks by Federal Reserve officials and economic data this week.
The Dow Jones Industrial Average fell 12.42 points, or 0.03 per cent, at the open to 39,398.79.
The S&P 500 opened higher by 12.86 points, or 0.24 per cent, at 5,460.73, while the Nasdaq Composite gained 75.34 points, or 0.43 per cent, to 17,572.16 at the opening bell. 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
Gojek founder Nadiem Makarim faces 18-year jail demand in Indonesia laptop graft trial
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Singapore developer in limbo after Timor-Leste scraps major township project
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta