Dow Jones

Nvidia’s blowout quarter eases AI demand concerns

[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 27), boosted by gains in technology stocks after chip giant Nvidia’s blockbuster forecast renewed investor confidence in the AI trade.

[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Aug 26) after hotter-than-expected inflation data reinforced bets on another quarter-point Federal Reserve rate hike this year, as investors awaited results from AI chip leader Nvidia later in the day.

[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Aug 25) as technology stocks recovered from the previous session’s selloff ahead of AI heavyweight Nvidia’s results and an inflation report key to shaping interest rate expectations.

[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 24) as investors weighed the US pledge of an “economic D-Day” against Iran while awaiting AI giant Nvidia’s quarterly results and a closely watched inflation report later this week.

[NEW YORK] Wall Street’s main indexes opened higher on Friday (Aug 21) after getting hammered in the previous session, though markets remained on track to end the week in the red as surging government bond yields and geopolitical tensions weighed on risk appetite.

[NEW YORK] The main US indexes opened lower on Thursday (Aug 20) as a rebound in government bond yields hurt sentiment, while retail bellwether Walmart’s rare sales miss disappointed investors.

[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Aug 19), recovering from a technology-driven slump in the previous session, as government bond yields retreated from multi-decade highs and as investors assessed a slew of corporate updates.

[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Aug 18), as diminishing prospects for a peace deal between the US and Iran kept oil prices elevated and government bond yields at multi-year peaks.