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US markets jump as Nvidia earnings and jobs data lift investor sentiment
Stronger Nvidia earnings and a solid US jobs report fueled a broad market rally, lifting major indexes and increasing expectations for a possible Federal Reserve rate cut.
US stocks rallied after Nvidia posted strong Q3 earnings and September employment data beat expectations. The Dow gained nearly 600 points, while the S&P 500 rose 1.8% and Nasdaq advanced 2.5%. Nvidia climbed more than 4%, boosting confidence in ai-driven market momentum. The labor market added 119,000 jobs, raising expectations of a potential Federal Reserve rate cut. Walmart’s revenue strength further supported sentiment across consumer-focused sectors.