US stock markets: US stocks subdued as Nvidia’s strong results draw muted reaction

US stock markets: US stocks subdued as Nvidia's strong results draw muted reaction

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The S&P 500 and the Nasdaq were muted at the open on Thursday, ‌as ⁠Nvidia’s stellar ⁠earnings garnered a tepid reception, while broader technology stocks lost ground as investors assessed risks to ⁠the ‌AI trade.

The Dow Jones Industrial ⁠Average rose 62.4 points, or 0.13%, at the open to 49,544.58. The S&P 500 fell 1.4 points, or ‌0.02%, at the open to 6,944.74, while ⁠the Nasdaq Composite dropped 51.5 points, or 0.22%, to 23,100.583 at the opening bell.

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