Nvidia Stock Surges, Jobless Claims Drop

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Futures Higher Ahead Of Jobless Claims

Summary

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The Labor Department's initial unemployment claims unexpectedly dropped on the stock market today .

Nvidia beat Wall Street's targets for its fiscal third quarter , but sales outlook for the current period was only slightly above views.

Nvidia stock had struggled since the company reported after the close Wednesday , but reversed course in premarket trading Thursday and was up 2.3% in recent action.

Be sure to follow Scott Lehtonen on X at @IBD_SLehtonen for more on growth stocks, the Dow Jones Industrial Average and the stock market today . YOU MAY ALSO LIKE:.

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