US: Wall St opens higher on Nvidia earnings optimism

WALL Street’s main indexes opened higher on Tuesday (Aug 22) as optimism around Nvidia’s keenly awaited earnings report drove the chip designer’s shares to a record high and also kept other megacap growth stocks on a strong footing.

The Dow Jones Industrial Average rose 30.48 points, or 0.09 per cent, at the open to 34,494.17.

The S&P 500 opened higher by 15.56 points, or 0.35 per cent, at 4,415.33, while the Nasdaq Composite gained 96.35 points, or 0.71 per cent, to 13,593.95 at the opening bell. REUTERS