US stocks open higher after Nvidia results, economic data

Wall Street’s main indexes opened higher on Thursday following AI chip firm Nvidia’s largely-in line forecast and as data showed the U.S. economy remained robust adding to expectations of a September interest rate cut.

The Dow Jones Industrial Average rose 254.08 points, or 0.62%, at the open to 41,345.50. The S&P 500 opened higher by 15.12 points, or 0.27%, at 5,607.30, while the Nasdaq Composite gained 54.54 points, or 0.31%, to 17,610.57 at the opening bell.