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Nasdaq Soars Ahead Of Jobs Report; Qualcomm, ResMed, FTI In Focus

Nasdaq Soars Ahead Of Jobs Report; Qualcomm, ResMed, FTI In Focus

FromStock Market Today With IBD


Nasdaq Soars Ahead Of Jobs Report; Qualcomm, ResMed, FTI In Focus

FromStock Market Today With IBD

ratings:
Length:
14 minutes
Released:
May 2, 2024
Format:
Podcast episode

Description

Winners beat losers on the Nasdaq by more than 2-to-1. The ratio was around 4-to-1 positive on the NYSE. The 10-year Treasury yield popped early but reversed slightly lower ahead of Friday’s jobs report, which is expected to show nonfarm payrolls up 243,000. Qualcomm soared after reporting earnings and giving bullish revenue guidance, while ResMed and TechnipFMC continue to show strength.
Released:
May 2, 2024
Format:
Podcast episode

Titles in the series (100)

A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.