At 2:45 PM in Lisbon, the Dow Jones Industrial Average rose 1.24% to 46,709.93 points, the S&P 500 advanced 1.53% to 6,743.85 points, and the Nasdaq recorded an increase of 2.09%, reaching 23,035.50 points.
The United States created 119,000 jobs in September, exceeding expectations, while the unemployment rate slightly increased to 4.4%, according to the Labor Statistics Department, which released the data over a month late due to the federal government shutdown.
Analysts noted that these data reinforced expectations that the Federal Reserve (Fed) will cut interest rates at its December meeting.
In the corporate sector, Nvidia shares rose 4% early in the session after the company reported a 65% increase in profits year-on-year and a ‘record’ revenue, driven by strong growth in its data centers and sales of its Blackwell processor.
The tech giant, a leader in artificial intelligence (AI), also presented positive business forecasts for the current quarter, easing concerns about a bubble in the sector.
Major European stock markets opened higher today, buoyed by Nvidia’s surprising results.
In Asia, Tokyo’s main stock index, the Nikkei, surged 2.65% today, also boosted by Nvidia’s record results, while Shanghai’s benchmark index fell 0.4%, Shenzhen dropped 0.76%, and Hong Kong’s Hang Seng rose 0.02% shortly before the session ended.
On Wednesday, the New York Stock Exchange closed higher, with the Dow Jones rising 0.10% to 46,138.77 points, compared to the new high since its inception in 1896, 48,254.82 points, recorded on November 12.
The Nasdaq, an index of high-tech stocks, closed up 0.59% at 22,564.23 points, against the all-time high of 23,958.47 points, reached on October 29.
Brent crude, the European benchmark for oil, for delivery in January 2026, is advancing to $63.90 today, against $63.51 on Wednesday.
The price of gold, historically considered a safe-haven asset in times of uncertainty, was declining today, with the ounce trading at $4,051.56, down from $4,078.98 on Wednesday and the current all-time high of $4,347.86, reached on October 20.
In the bond market, the 10-year German bond yield rose to 2.720%, up from 2.711% on Wednesday.
The euro fell to $1.1518 in the Frankfurt currency market, compared to $1.1576 on Tuesday and the new four-year high of $1.1865 recorded on September 16.
