Wallstreetcn
2024.08.29 13:32

US Stock Market Morning Session: The three major stock indexes are all rising, with NVIDIA falling more than 3% in early trading

The revised GDP figures for the second quarter in the United States show a certain resilience in the U.S. economy, especially in consumption. The Nasdaq rose slightly by 0.29% at the opening, the S&P 500 index increased by 0.27%, and the Dow Jones Industrial Average rose by 0.68%. Tech stocks showed mixed performance, with NVIDIA falling by over 3% at the opening due to lower-than-expected revenue outlook and obstacles in the production of the new Blackwell chip; AMD dropped by 0.92%; Apple rose by 1.09%, Tesla by 2.19%; GAP surged by over 7% at the opening; many popular Chinese concept stocks rose, with Li Auto up by over 5% and Pinduoduo up by over 3%