The major market averages are mixed on Thursday, with the tech-heavy Nasdaq leading the pack, a day after Nvidia’s (NVDA) outlook and upbeat quarterly earnings boosted investor sentiment.
Early on and the Nasdaq (COMP:IND) was +0.6%, the S&P 500 (SP500) was +0.1%, and the Dow (DJI) was -0.7%.
The 10-year Treasury yield (US10Y) was higher by 6 basis points to 4.49%. The 2-year yield (US2Y) up 8 basis points to 4.95%. See how Treasury yields have done across the curve at the Seeking Alpha bond page.
Nvidia (NVDA) stock gained 10%, after the chipmaker posted quarterly results and guidance that topped Wall Street’s expectations and announced a 10-1 stock split. Chip-related stocks will be on watch.
“Markets had an eventful day yesterday, with various headlines that drove swings in both directions. As we go to press this morning, sentiment has turned more positive, with futures on the S&P 500 up following an upbeat outlook from…
