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S&P 500, Nasdaq muted as US plans tighter curbs on chip exports to China
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(Reuters) - The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday as markets braced for the potential impact of more stringent U.S. trade controls on Beijing and awaited quarterly earnings from AI-chip leader Nvidia.
The Dow Jones Industrial Average rose 48.5 points, or 0.11%, at the open to 43,509.74. The S&P 500 fell 0.5 points, or 0.01%, at the open to 5,982.73, while the Nasdaq Composite dropped 44.3 points, or 0.23%, to 19,242.608 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Pooja Desai)
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