Stocks Soar on Robust Nvidia Earnings

Hawkish comments today from Cleveland Fed President Beth Hammack were bearish for stocks, as she said, "Lowering interest rates to support the labor market risks prolonging this period of elevated inflation, and it could also encourage risk-taking in financial markets."The US Nov Philadelphia Fed business outlook survey rose +11.1 to -1.7, weaker than expectations of +1.0.US Sep average hourly earnings remained unchanged from Aug at +3.8% y/y, stronger than expectations of +3.7% y/y.US Sep nonfarm payrolls ...