US STOCKS SNAPSHOT-Wall St opens higher as Nvidia's forecast calms AI demand fears
Reuters02-27
US STOCKS SNAPSHOT-Wall St opens higher as Nvidia's forecast calms AI demand fearsFeb 27 (Reuters) - Wall Street's main indexes opened higher on Thursday as AI bellwether Nvidia's upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly jobless claims kept a check on gains.
The Dow Jones Industrial Average .DJI rose 83.3 points, or 0.19%, at the open to 43,516.44. The S&P 500 .SPX rose 25.8 points, or 0.43%, at the open to 5,981.88, while the Nasdaq Composite .IXIC rose 137.1 points, or 0.72%, to 19,212.363 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Devika Syamnath)
((johann.mcherian@thomsonreuters.com;))
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