Wall Street Opens Higher on Nvidia Earnings Optimism

August 22, 2023Updated: August 22, 2023

Wall Street’s main indexes opened higher on Tuesday 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 percent, at the open to 34,494.17.

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

Alito Warns Congress Has Power to ‘Turn Off the Lights’ at Supreme Court, Defund Activities
RELATED
Stock Market Today: Asian Stocks Follow Wall Street Higher Ahead of Federal Reserve Conference