On August 27, U.S. stock indices opened mixed, with the Dow Jones down 0.15%, the S&P 500 up 0.36%, and the Nasdaq Composite up 0.89%. Nvidia surged over 6% as the company's revenue outlook for fiscal year 2028 significantly exceeded market expectations. Stocks in storage, cloud computing services, and semiconductors rose, with NEBIUS up over 4%, and Micron Technology, SK Hynix, CoreWeave, and SanDisk all rising over 3%. HP Inc. fell over 9%, as the company projected adjusted earnings per share for the fourth fiscal quarter to be between $0.69 and $0.79, up from a previous estimate of $0.67.
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