S&P 500 Gains and Losses Today: Ross Stores Climbs on Strong Earnings; Nvidia, Oracle, Broadcom Fall as AI Slump Persists

Nvidia stock declined for a second straight day Friday despite beating earnings estimates this week. Shares of Ross Stores (ROST) surged 8.4% after the off-price apparel, footwear, and accessories retailer surpassed third-quarter sales and profit estimates. The company is the latest discount retailer to demonstrate it's benefiting from consumers' bargain-seeking. Ross highlighted strength in the back-to-school shopping season and raised its outlook, pointing to optimism about the crucial holiday period. Com ...