US: S&P 500, Nasdaq open higher on Nvidia boost

THE S&P 500 and the Nasdaq opened higher on Thursday (Jun 20), propelled by a rally in Nvidia, while investors assessed the recent batch of economic data and commentary from US Federal Reserve officials to firm up bets on interest rate cuts this year.

The Dow Jones Industrial Average fell 30.13 points, or 0.08 per cent, at the open to 38,804.73.

The S&P 500 opened higher by 26.76 points, or 0.49 per cent, at 5,499.99, while the Nasdaq Composite gained 51.71 points, or 0.29 per cent, to 17,913.94 at the opening bell. REUTERS