Nvidia's Mixed Performance Weighs on Markets Amid Jobless Claims Focus
Major stock indexes, including the Dow Jones, rose as Nvidia shares gained following better-than-expected earnings, despite a modest sales outlook. Initial unemployment claims fell unexpectedly, boosting market sentiment. The 10-year Treasury yield increased, and oil prices rose. Key stocks like Baidu, Deere, and Snowflake showed significant premarket movements, with Snowflake surging over 24%. The Philadelphia Fed manufacturing index declined, while notable companies like Salesforce and Broadcom showed positive stock movements.