Tech-heavy index Nasdaq surged to a record high on Monday, led by chipmakers as investors awaited quarterly results from chip giant Nvidia and the Federal Reserve's policy meeting minutes due on Wednesday. At the opening bell, the Dow Jones Industrial Average fell 13.83 points, or 0.03 per cent, to 39,989.76. The S&P 500 was higher by 2.08 points, or 0.04 per cent, at 5,305.35, while the Nasdaq Composite gained 16.06 points, or 0.10 per cent, to 16,702.02. ALSO READ: Wall Street week ahead: Spotlight on Fed minutes, Nvidia Q1 earningsChipmaker Nvidia will report its fiscal first quarter results on Wednesday. From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed - it's all here, just a click away!

Source: Mint May 21, 2024 02:22 UTC