U.S. equities opened in positive territory, according to market data cited by ChainCatcher from Gate. At the open, the Dow Jones Industrial Average rose 0.59%, the S&P 500 gained 0.4%, and the Nasdaq advanced 0.45%.
Among individual stocks, Snowflake (SNOW.N) opened up 24% after posting second-quarter results that beat expectations and raising its full-year guidance. Broadcom (AVGO.O), by contrast, fell more than 4% at the open after the company issued fourth-quarter guidance that came in below expectations.
The move left major indexes modestly higher while company-specific earnings and outlook updates drove sharp divergence in individual names.
U.S. stocks opened higher, according to Gate market data cited by ChainCatcher. The Dow Jones Industrial Average rose 0.59%, the S&P 500 added 0.4%, and the Nasdaq gained 0.45% at the open.
In individual names, Snowflake (SNOW.N) jumped 24% at the open after its Q2 results beat expectations and the company raised its full-year guidance. Broadcom (AVGO.O) fell more than 4% after its Q4 guidance came in below expectations.
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