June 24 (Reuters) - The Nasdaq opened lower on Monday

after Nvidia and some other chip stocks remained under selling

pressure, with investors on tenterhooks as a key inflation print

this week is set to further shape bets over the timing and

quantum of rate cuts this year.

The Dow Jones Industrial Average rose 34.16 points,

or 0.09%, at the open to 39,184.49. The S&P 500 opened

lower by 5.04 points, or 0.09%, at 5,459.58, while the Nasdaq

Composite dropped 49.10 points, or 0.28%, to 17,640.26

at the opening bell.