S&P 500 and Nasdaq rise ahead of Nvidia earnings report
The S&P 500 and Nasdaq rose at Wednesday's open as chip stocks gained before Nvidia's results. Investors are assessing AI demand amid high Treasury yields.
The WT S&P 500 and X NASDAQ 100 1C opened higher on Wednesday as chip stocks climbed before Nvidia's quarterly earnings, which investors view as a primary gauge for global artificial intelligence demand. This advance served as a recovery following recent pressure from elevated Treasury yields.
### Tech Sector Leads Market Recovery The X NASDAQ 100 1C rose 120.8 points, or 0.47%, to 25991.509 during the morning session. This increase followed a rebound in semiconductor equities, which provided the necessary momentum to offset broader macro concerns. The WT S&P 500 climbed 15.6 points, or 0.21%, to reach 7369.19 at the open.
