U.S. stocks opened higher

2025-05-02 21:31:54

The US non-farm payrolls data for April exceeded expectations, and US stocks opened higher, with the Dow Jones Industrial Average up 1.03%, the Nasdaq up 0.87%, and the S&P 500 up 0.98%. Nvidia rose more than 2%. After the US export regulations, Nvidia restarted its customized chip research and development. Apple fell more than 3% at the opening, and CEO Cook estimated that tariffs would increase costs by $900 million. Amazon rose nearly 1%, and its first-quarter revenue and profits both exceeded market expectations.

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