Dow Rises Amid Nvidia Earnings Anticipation and Fed's Jackson Hole Symposium
The Dow Jones Industrial Average rose by 100.12 points to 53,517.28 on Tuesday as investors mostly ignored recent trade tensions between the US and Iran, and Canada.
Nvidia's upcoming earnings report and Federal Reserve Chairman Kevin Warsh's first Jackson Hole speech are set to be major market drivers this week.
The tech-heavy Nasdaq Composite advanced 0.7% on Tuesday, recovering from Monday's decline, while the S&P 500 rose roughly 0.4%.
Bitcoin briefly surged above $80,000 for the first time in three months before paring some gains, as investors rotated into alternative assets amid concerns about dollar debasement.