US stocks climbed on Thursday as blockbuster Nvidia (NVDA) earnings helped rekindle faith in the AI trade, and rate-cut hopes brightened after the release of the long-awaited September jobs report.
The tech-heavy Nasdaq Composite (^IXIC) led the way higher, rising roughly 0.8% after climbing as much as roughly 2.5% earlier in the session. The S&P 500 (^GSPC) added nearly 0.7% after gaining as much as 1.8% in early trading. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, rose about 0.6%.
The market action comes after stocks saw a modest rebound on Wednesday, breakin
The tech-heavy Nasdaq Composite (^IXIC) led the way higher, rising roughly 0.8% after climbing as much as roughly 2.5% earlier in the session. The S&P 500 (^GSPC) added nearly 0.7% after gaining as much as 1.8% in early trading. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, rose about 0.6%.
The market action comes after stocks saw a modest rebound on Wednesday, breakin
1 month ago
