(Telestock) – Wall Street started trading on the riseafter the caution highlighted yesterday while waiting for the accounts of Nvidia. The artificial intelligence chip giant announced better-than-expected results and forecasts largely in line with consensus. A sell-on-news effect continues to open up the stock, which recorded a sharp decline yesterday in the after-hours session of the American stock exchange.
The market sentiment is also supported by the positive data released today before the opening: Q2 GDP revised upwards to 3% from 2.8% previous quarter and confirms a strong acceleration compared to the 1.4% of the previous quarter, thanks to the growth in consumption and corporate profits.
The data on r is also goodunemployment claims, which fell to 231,000 units in the last week, while the inflation benchmark (PCE price index) confirms a deceleration of price growtharguing in favor of a rate cut by the Fed.
The New York Stock Exchange opens at the same levels as yesterday Dow Joneswhich marks a +0.01%, while theS&P-500 makes a small leap forward of 0.27%, reaching 5,607 points. Good performance by the Nasdaq 100 (+0.79%); along the same lines, just above parity theS&P 100 (+0.38%).