The three major U.S. stock indexes opened higher together, with Nvidia up nearly 2%.

Glonghui, February 18｜The Director of the White House National Economic Council, Hassett, stated that the Federal Reserve still has significant room to cut interest rates. The three major U.S. stock indexes opened higher collectively, with the Nasdaq up 0.23%, the S&P 500 up 0.24%, and the Dow Jones up 0.16%. Nvidia rose nearly 2%. Meta and Nvidia have established a multi-year strategic partnership and will deploy millions of Nvidia chips. Western Digital rose 2.8%, while SanDisk fell 2.4%. Western Digital plans to sell part of its SanDisk shares to raise $3.17 billions to reduce debt. Cybersecurity company Palo Alto Networks fell 9.4% after lowering its full-year adjusted earnings per share guidance. (Glonghui)