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

NVIDIA Corporation
Dow Jones Industrial Average
S&P 500 index
NASDAQ

NVIDIA Corporation

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Dow Jones Industrial Average

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S&P 500 index

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May 20 (Reuters) - 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 .DJI fell 15.0 points, or 0.03%, at the open to 49348.83. The S&P 500 .SPX rose 15.6 points, or 0.21%, to 7369.19​, while the Nasdaq Composite .IXIC rose 120.8 points, or 0.47%, to 25991.509.


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