U.S. stocks open slightly higher as investors await Nvidia earnings results

U.S. stocks opened slightly higher Wednesday, as investors await economic data on manufacturing, services and new home sales as well as earnings results from Nvidia Corp. The Dow Jones Industrial Average DJIA, +0.15% was up 0.2% soon after the opening bell, while the S&P 500 SPX, +0.35% edged up 0.3% and the Nasdaq Composite COMP, +0.

43% rose 0.3%, according to FactSet data, at last check. Chip maker Nvidia NVDA, +0.03% will release results for its fiscal second quarter after the U.S. stock market closes on Wednesday. As for the economic calendar, investors will on Wednesday morning see fresh data on U.S. and manufacturing and services for August and new homes sales in July.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This chip stock could yield a quick profit, depending on Nvidia's earnings, Morgan Stanley saysHow well Nvidia performs Wednesday could have implications for this derivative play, according to Morgan Stanley.
Source: CNBC - 🏆 12. / 72 Read more »

Nvidia earnings: What Wall Street expects from the AI-chip giantNvidia reports its fiscal second-quarter earnings after the close of markets on Wednesday.
Source: MarketWatch - 🏆 3. / 97 Read more »

Nvidia’s stock snaps losing streak and sits 1% below record close as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the company's report.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earningsAsian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week.
Source: AP - 🏆 728. / 51 Read more »