Wall Street Opens Higher on Nvidia’s Big Surge

Wall Street Opens Higher on Nvidia’s Big Surge
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Feb. 14, 2024. (Brendan McDermid/Reuters)
Reuters
2/22/2024
Updated:
2/22/2024
0:00

Wall Street’s main indexes opened higher on Thursday as Nvidia’s bumper results and forecast powers an AI-led rally that has propelled Wall Street to record highs this year.

The Dow Jones Industrial Average rose 232.95 points, or 0.60 percent, at the open to 38,845.19.

The S&P 500 opened higher by 57.03 points, or 1.14 percent, at 5,038.83, while the Nasdaq Composite gained 323.61 points, or 2.08 percent, to 15,904.48 at the opening bell.