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The S&P 500 opens moderately higher. Eyes on NVDA stock

U.S. stocks are higher early, but there have been frequent bouts of strength over the past six straight days of losses that were eventually overwhelmed by sellers.

At the start of the session, the index was up 20 points, or 0.45%, which is a little weaker than what the futures indicated.

Keep a close eye on Nvidia, which fell 10% on Friday.

NVDA daily

NVDA shares are up 3.4% so far. I would set support at $750, which was the opening gap in February.

cnbctv18-forexlive

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