Tech Stocks Rebound on Wall Street Ahead of Nvidia Earnings
Wall Street's main indexes opened higher on Tuesday as technology stocks rebounded from the previous session's selloff. The Dow Jones Industrial Average rose by 177.8 points, or 0.33%, to 53,594.92 at the open.
The S&P 500 also gained ground, rising by 23.8 points, or 0.31%, to 7,676.66. Meanwhile, the Nasdaq Composite rose 168.5 points, or 0.65%, to 26,148.71.
The rebound in tech stocks came ahead of Nvidia's results and an inflation report that will shape interest rate expectations. The AI heavyweight is set to release its quarterly earnings later today.