US: Nasdaq, S&P 500 open higher after Nvidia and other AI-linked stocks selloff

Published Tue, Jun 25, 2024 · 09:45 PM
    • The S&P 500 opened higher by 12.86 points, or 0.24 per cent, at 5,460.73.
    • The S&P 500 opened higher by 12.86 points, or 0.24 per cent, at 5,460.73. PHOTO: REUTERS

    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

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