US: Wall St opens higher on tentative debt ceiling deal; Nvidia jumps

WALL Street’s main indexes opened higher on Tuesday (May 30) as lawmakers tentatively agreed to raise the nation’s debt limit to avert a default, while shares of Nvidia led a rally among chipmakers and AI-related firms.

The Dow Jones Industrial Average rose 10.31 points, or 0.03 per cent, at the open to 33,103.65.

The S&P 500 opened higher by 21.26 points, or 0.51 per cent, at 4,226.71, while the Nasdaq Composite gained 133.41 points, or 1.03 per cent, to 13,109.10 at the opening bell. REUTERS