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Dow Jumps Over 100 Points; Nvidia Earnings Top Views

Benzinga ·  Aug 29 10:00

U.S. stocks traded higher this morning, with the Dow Jones index gaining over 100 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.28% to 41,206.85 while the NASDAQ rose 0.73% to 17,683.80. The S&P 500 also rose, gaining, 0.44% to 5,616.60.

Leading and Lagging Sectors

Consumer discretionary shares climbed by 0.8% on Thursday.

In trading on Thursday, real estate shares fell by 0.5%.

Top Headline

Nvidia Corp.(NASDAQ:NVDA) reported better-than-expected earnings and sales results for its second quarter on Wednesday.

The company issued above-consensus third-quarter revenue guidance and announced a $50-billion additional stock repurchase authorization. However, the gross margin...

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