US: Wall St opens higher with focus on Nvidia’s high-stakes results

WALL Street’s main indexes opened higher on Wednesday (Aug 23) with the spotlight firmly on Nvidia as investors wait to see if the chip designer’s results could reignite an artificial intelligence-powered rally in megacap growth stocks.

The Dow Jones Industrial Average rose 49.76 points, or 0.15 per cent, at the open to 34,338.59.

The S&P 500 opened higher by 8.89 points, or 0.20 per cent, at 4,396.44, while the Nasdaq Composite gained 26.56 points, or 0.20 per cent, to 13,532.43 at the opening bell. REUTERS