"Dow Jones Rallies, Shaking Off 2024's Rocky Start as Nasdaq Turns Positive"
The Dow Jones Industrial Average led gains in the stock market, rising 0.6%, while the Nasdaq struggled to stay positive. Notable movements included Mobileye's stock plummeting over 25% after disappointing revenue guidance, Walgreens Boots Alliance's shares dropping despite beating earnings expectations due to a dividend cut, and Apple's stock decline following analyst downgrades. In contrast, Omega Therapeutics soared on a partnership announcement with Novo Nordisk, and Lamb Weston rose after reporting strong earnings and raising its guidance. Economic data showed private payrolls and jobless claims beating expectations, suggesting resilience in the labor market.