“Wall Street” rises thanks to the expectation of strong sales from “Nvidia”

The Dow Jones Industrial Average rose 130.30 points

Dubai – Al Arabiya.net

Published in: Feb 23, 2023: 07:16 PM GST
Last updated: Feb 23, 2023: 07:37 PM GST

Wall Street’s major indexes opened higher on Thursday, as expectations of strong sales from Nvidia boosted chipmakers even though a surprise drop in weekly jobless claims added to concerns regarding the Federal Reserve continuing to raise interest rates. longer.

The Dow Jones Industrial Average advanced 130.30 points, or 0.39%, to 33,175.39.

The Standard & Poor’s 500 index opened, up 27.55 points, or 0.69%, to 4018.60 points, according to Archyde.com.

The Nasdaq Composite Index rose 129.86 points, or 1.13%, to 11,636.93 points.