At the start of trading in the U.S. stock market, all three major indices posted modest gains. The Nasdaq Composite Index inched up by 0.01%, the S&P 500 Index saw a slight increase of 0.02%, and the Dow Jones Industrial Average rose by 0.03%. When it comes to individual stocks, Taiwan Semiconductor Manufacturing Company (TSMC) climbed 1.7%, while Nvidia's shares surged 1.4%. There were reports indicating that Nvidia was engaged in discussions with TSMC concerning new orders for its H200 chips. Trump Media & Technology Group's stock soared by over 4% following the company's announcement of its intention to distribute digital tokens to shareholders. Nike's shares also rose by 1.7%, as its CEO recently made a substantial investment of approximately $1 million to boost his stake in the company.
