New york: Major US stock indices opened slightly higher Wednesday after sharp losses earlier in the week, as investors awaited the earnings report from Nvidia, which could be a pivotal moment in the artificial intelligence sector. The markets showed a cautious optimism as they rebounded from recent declines.

According to Qatar News Agency, the Dow Jones Industrial Average rose 46.9 points, or 0.10 percent, to 46,138.68 at the open. This uptick comes after a period of volatility, as traders are eager to see how Nvidia's performance might influence the broader tech sector.

The S and P 500 gained 8.5 points, or 0.13 percent, reaching 6,625.84. The index's movement reflects the market's anticipation of Nvidia's earnings report, which is expected to provide insights into the future of the artificial intelligence industry.

Meanwhile, the Nasdaq Composite added 26.4 points, or 0.12 percent, to 22,459.265. This rise indicates a modest recovery in technology stocks, as investors remain focused on the developments in AI and related sectors.