Mumbai, Aug. 28 -- The Dow rose 147.16 points (0.3%) to 45,565.23, the Nasdaq edged up 45.87 points (0.2%) at 21,590.14 and the S&P 500 crept up 15.46 points (0.2%) to 6,481.40.

Wall Street saw modest gains as investors awaited Nvidia's highly anticipated second-quarter earnings, due after market close. Nvidia shares slipped 0.1% while overall trading activity remained cautious. The absence of key U.S. economic data also contributed to subdued moves, with traders looking ahead to a major report later in the week.

The Commerce Department is due to release its report on personal income and spending in the month of July which includes the Federal Reserve's preferred readings on consumer price inflation. The report, which is expected to sho...