US: S&P 500, Dow open higher on increased Sept rate cut bets, Nvidia results on tap

THE S&P 500 and the Dow opened higher on Monday (Aug 26), with markets focused on results from AI-darling Nvidia and a key inflation report due later in the week, while geopolitical tensions in the Middle East made investors wary.

The Dow Jones Industrial Average rose 25.76 points, or 0.06 per cent, at the open to 41,200.84.

The S&P 500 opened higher by 5.05 points, or 0.09 per cent, at 5,639.66, while the Nasdaq Composite dropped 9.95 points, or 0.06 per cent, to 17,867.85 at the opening bell. REUTERS