financetom
Market
financetom
/
Market
/
Wall St opens higher as Nvidia's forecast calms AI demand fears
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wall St opens higher as Nvidia's forecast calms AI demand fears
Feb 27, 2025 6:44 AM

(Reuters) - Wall Street's main indexes opened higher on Thursday as AI bellwether Nvidia's upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly jobless claims kept a check on gains.

The Dow Jones Industrial Average rose 83.3 points, or 0.19%, at the open to 43,516.44. The S&P 500 rose 25.8 points, or 0.43%, at the open to 5,981.88​, while the Nasdaq Composite rose 137.1 points, or 0.72%, to 19,212.363 at the opening bell.

(Reporting by Johann M Cherian in Bengaluru; Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Wall Street advances as Trump cools China rhetoric
US STOCKS-Wall Street advances as Trump cools China rhetoric
Oct 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes up: Dow 1.14%, S&P 500 1.52%, Nasdaq 2.05% * Broadcom ( AVGO ) jumps on OpenAI partnership * JPMorgan ( JPM ) rises after a $1.5 trillion investment plan (Updates after markets open) By Sukriti Gupta and Twesha...
South African rand lifted by gold as markets reflect on US-China trade tension
South African rand lifted by gold as markets reflect on US-China trade tension
Oct 13, 2025
JOHANNESBURG, Oct 13 (Reuters) - The South African rand was buoyed by record gold prices on Monday as investors opted for the safe-haven metal after U.S. President Donald Trump renewed tariff threats against China. The commodity-backed currency fell about 1.7% after Trump's announcement on Friday, but has tried to pare some of its losses. At 1422 GMT, the rand traded...
US Equity Indexes Rebound After Trump Dials Back China Threats; Gold Breaks More Records
US Equity Indexes Rebound After Trump Dials Back China Threats; Gold Breaks More Records
Oct 13, 2025
12:31 PM EDT, 10/13/2025 (MT Newswires) -- US equity indexes jumped in midday trading on Monday after President Donald Trump softened his tone against China and as the so-called AI trade got a boost from a deal between Broadcom ( AVGO ) and OpenAI. The Nasdaq Composite jumped 2% to 22,655.5, with the S&P 500 up 1.6% to 6,656.7 and...
Top Midday Stories: Broadcom, OpenAI Partner to Deploy AI Accelerators; Brookfield to Invest Up to $5 Billion in Bloom Energy Partnership
Top Midday Stories: Broadcom, OpenAI Partner to Deploy AI Accelerators; Brookfield to Invest Up to $5 Billion in Bloom Energy Partnership
Oct 13, 2025
11:45 AM EDT, 10/13/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Monday, after President Donald Trump attempted to ease concerns over trade relations with China in a Truth Social post on Sunday. In company news, Broadcom ( AVGO ) and Microsoft ( MSFT )-backed (MSFT) OpenAI said Monday they are launching a partnership...
Copyright 2023-2025 - www.financetom.com All Rights Reserved