S&P 500, Nasdaq muted as US plans tighter curbs on chip exports to China

The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday as markets braced for the potential impact of more stringent US 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 percent, at the open to 43,509.74. The S&P 500 fell 0.5 points, or 0.01 percent, at the open to 5,982.73, while the Nasdaq Composite dropped 44.3 points, or 0.23 percent, to 19,242.608 at the opening bell.

REUTERS