Wall Street opens higher even as Nvidia falls
The Dow, S&P 500 and Nasdaq advance in early trading while an independent board inquiry weighs on Nvidia.
U.S. stocks rose in early Monday trading, extending a recovery from last week's technology selloff even as Nvidia moved lower. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite were all higher after the opening bell.
The split matters. A stock central to the AI trade was under pressure, but that did not prevent the broader indexes from advancing. Lower oil prices also offered some relief as investors weighed the prospect of reduced tensions over Iran against continuing risks to shipping.
An inquiry, not a completed finding
Nvidia's board has opened an independent investigation following reports that chief executive Jensen Huang was targeted by a foreign intelligence effort. The board says it has no reason to believe national security or company secrets were compromised, and that Huang supports the review and will cooperate. It also expressed confidence in Huang and his leadership team.
The early market gains are a trading update, not a verdict on the inquiry or proof that concerns about AI spending have passed. Our 8:00 AM Toast & Tickers laid out the pre-open setup; Monday's cash session now provides the next test.
