U.S. Stocks Open Higher as Risk Appetite Returns
Wall Street opened in positive territory as the S&P 500 erased its year-to-date losses, signaling renewed investor confidence. The tech-heavy Nasdaq led gains with a 0.38% rise, buoyed by Nvidia’s strong performance.
Market Optimism stems from easing inflation concerns and progress in U.S.-China trade relations. The bullish sentiment spilled over from Tuesday’s session when favorable CPI data triggered a broad market rally across risk assets.