Wall St opens higher as tech stocks rebound before Nvidia results, data
[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Aug 25) as technology stocks recovered from the previous session’s selloff ahead...
Wall Street's main indexes began the trading day higher on Tuesday as technology stocks rebounded from a previous session's decline, ahead of Nvidia's results and an important inflation report that could influence interest rate expectations. The Dow Jones Industrial Average climbed 177.8 points, or 0.33 percent, to 53,594.92 at the opening bell.
The S&P 500 increased 23.8 points, or 0.31 percent, to 7,676.66, while the Nasdaq Composite climbed 168.5 points, or 0.65 percent, to 26,148.71. Tech stocks saw a bounce in anticipation of Nvidia's upcoming earnings report and as investors awaited insights on inflation's potential impact on monetary policy.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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