Wall Street Opens Lower Ahead of AI-darling Nvidia’s Results, Fed Minutes

Wall Street Opens Lower Ahead of AI-darling Nvidia’s Results, Fed Minutes
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Feb. 6, 2024. Brendan McDermid/Reuters
Reuters
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Wall Street’s main indexes opened lower on Wednesday ahead of chip designer Nvidia’s high-stakes earnings report that could potentially hinder or further fuel this year’s AI-led rally, and as investors awaited minutes from the Federal Reserve’s latest policy meeting.

The Dow Jones Industrial Average fell 80.14 points, or 0.21 percent, at the open to 38,483.66.