Nasdaq futures indicated a significant upward movement on Thursday, following the release of quarterly results from AI leader Nvidia that surpassed analysts’ high expectations. Futures linked to the tech-heavy Nasdaq, the benchmark S&P 500, and the blue-chip Dow Jones Industrial Average experienced increases of 1.4%, 1%, and 0.4%, respectively. Yesterday, the Dow and S&P 500 broke their four-session declines in anticipation of Nvidia’s earnings, while the Nasdaq recorded its first increase of the week. Following the market close on Wednesday, Nvidia’s fiscal 2026 third-quarter results significantly exceeded forecasts, and the company provided optimistic revenue guidance for the ongoing quarter. CEO Jensen Huang remarked that sales of its AI Blackwell platform are “off the charts.”

Nvidia shares experienced a notable increase in after-hours trading, recently reflecting an uptick of nearly 5%. Shares of fellow AI chipmakers rose in their wake, including those of Advanced Micro Devices, Broadcom, and Intel, which were up a respective 4%, 3%, and 1.5% before the bell. Nvidia’s “Magnificent Seven” cohort of large-cap technology firms—in order of market capitalization, Apple, Microsoft, Alphabet, Amazon, Meta Platforms, and Tesla—also exhibited upward movement. Walmart shares slipped 2% despite reporting better-than-expected third-quarter profit and revenue, along with an upward revision of its fiscal 2026 outlook. The world’s largest retailer has also declared its intention to transition its stock listing from the New York Stock Exchange to the Nasdaq.

Market participants are anticipating the release of Thursday’s September jobs report, which experienced a delay due to the 43-day U.S. government shutdown. The report was initially slated for publication on October 3, two days subsequent to the commencement of the shutdown. The Bureau of Labor Statistics announced on Wednesday that the comprehensive jobs data for October will not be published. Bitcoin, having reached its lowest point since April 22 yesterday, was trading at approximately $91,900, an increase from $89,400 overnight.

The yield on the 10-year Treasury note remained relatively stable from Wednesday’s closing figure, hovering around 4.14%. The U.S. dollar index, which monitors the dollar’s performance relative to a selection of foreign currencies, increased to 100.28. WTI crude futures, the U.S. oil benchmark, increased by 1% to approximately $60 per barrel. Gold futures experienced a decline of 0.4%, settling at $4,065 per ounce.