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US: Wall St opens at near records levels as Nvidia hits US$5 trillion

US: Wall St opens at near records levels as Nvidia hits US$5 trillion

By Kim Browne

Culture

Wall Street opened just short of fresh records on Wednesday (Oct 29) as Nvidia hits a US$5 trillion valuation, while investors awaited an expected Federal Reserve rate cut and a wave of Big Tech results.

At 09.31 am, the Dow Jones Industrial Average rose 103.21 points, or 0.25 per cent, to 47,809.58.

The S&P 500 gained 16.90 points, or 0.24 per cent, to 6,907.66 and the Nasdaq Composite gained 157.50 points, or 0.66 per cent, to 23,984.99. REUTERS

Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.

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