Stock market today: Dow, S&P 500, Nasdaq soar after Nvidia earnings beat, jobs report blows past expectations
US stocks surged 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 2.5%, while the S&P 500 (^GSPC) was up more than 1.8%. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, rose 1.3%, or over 500 points. Stocks had seen a modest rebound on Wednesday, breaking a four-day losing str ...