Industry Newsnvidiasoftwarecomputer hardwaretreasuries
Stocks Climb Ahead Of Nvidia Earnings
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On Wednesday, U.S. stocks moved mostly higher, with the Nasdaq rising 288.40 points (1.3%) to 23,152.08, the S&P 500 up 56.06 points (0.8%) to 6,946.13 and the Dow gaining 307.65 points (0.6%) to 49,482.15. Gains reflected optimism ahead of Nvidia's fourth-quarter results after the close, analyst upgrades to IBM and Oracle, and strong performance in software and computer-hardware sectors; the 10-year Treasury yield inched up to 4.048%.
Scoring Rationale
Timely, market-moving coverage of Nvidia-driven rallies and sector upgrades, but routine daily market recap limits lasting significance.
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