Muted Wall Street Opening as Investors Await Nvidia Results and Fed Minutes

Wall Street's primary indices opened with minimal movement on Wednesday as investors showed caution before Nvidia's quarterly results and the Federal Reserve's policy meeting minutes. The Dow Jones declined slightly, while the S&P 500 saw a minor drop and the Nasdaq Composite experienced a small gain.


Reuters | Updated: 22-05-2024 19:04 IST | Created: 22-05-2024 19:04 IST
Muted Wall Street Opening as Investors Await Nvidia Results and Fed Minutes

Wall Street's main stock indexes opened muted on Wednesday as investors kept to the sidelines ahead of AI chip leader Nvidia's quarterly results and the Federal Reserve's policy meeting minutes later in the day.

The Dow Jones Industrial Average fell 9.66 points, or 0.02%, at the open to 39,863.33. The S&P 500 opened lower by 2.13 points, or 0.04%, at 5,319.28, while the Nasdaq Composite gained 6.40 points, or 0.04%, to 16,839.02 at the opening bell.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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