The Dow Jones opened up 0.3%, the S&P 500 rose 0.4%, and the Nasdaq rose 0.5%.

The image sharing platform Pinterest rose 9.2%, exceeding Q1 revenue expectations. "Buy now, pay later" service Affirm dropped 7.2%, with Q4 revenue forecast falling short of expectations. Wolfspeed plummeted 28.2%, with 2026 fiscal year revenue forecast not meeting expectations. Zhendong Pharmaceuticals rose 4.0%, with first quarter net product revenue increasing by 21% year-on-year.