Wall Street’s main stock indexes opened higher on Thursday as a strong sales forecast from Nvidia boosted chipmakers, although a surprise fall in weekly jobless claims added to worries that the Federal Reserve will keep raising interest rates for longer.

The Dow Jones Industrial Average rose 130.30 points, or 0.39 percent, at the open to 33,175.39. The S&P 500 opened higher by 27.55 points, or 0.69 percent, at 4,018.60, while the Nasdaq Composite gained 129.86 points, or 1.13 percent, to 11,636.93 at the opening bell.