Nvidia Lifts Nasdaq to Record on Soft Jobs Data — SkimNews
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- Nvidia powered the Nasdaq to an intraday record on Friday after soft jobs data eased rate hike fears, with markets broadly rising (CNNC).
- US stock futures advanced ahead of the September payrolls data release on October 2, 2026, as indexes climbed on a weak jobs report and calm prevailed before the official print (Bloomberg).
Why it matters: Soft jobs data ahead of the official September payrolls print eased rate hike concerns and triggered a broad equity rally, with Nvidia's leadership sending the Nasdaq to an intraday record. Markets are now heavily positioned for Friday's report to confirm a dovish Fed path.
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