US STOCKS SNAPSHOT-S&P 500, Nasdaq open higher as chip stocks gain ahead of Nvidia results

The ​S&P ​500 and ‌the Nasdaq ​opened higher on Wednesday, lifted ‌by a rebound in chip stocks ahead of Nvidia's quarterly ‌earnings, which investors view ‌as a crucial test of AI demand as they ⁠weighed ​concerns ⁠over elevated Treasury yields.

The Dow Jones ⁠Industrial Average fell 15.0 points, ​or 0.03%, at the open ⁠to 49348.83. The S&P 500 ⁠rose ​15.6 points, or 0.21%, to 7369.19, while ⁠the Nasdaq Composite rose 120.8 points, ⁠or ⁠0.47%, to 25991.509.

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