Wall Street’s main indexes opened higher on Wednesday 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 percent, at the open to 34,338.59. The S&P 500 opened higher by 8.89 points, or 0.20 percent, at 4,396.44, while the Nasdaq Composite gained 26.56 points, or 0.20 percent, to 13,532.43 at the opening bell.
