Stock Market Live November 20: S&P 500 (VOO) Surges on Strong Jobs, Nvidia Reports

This nonfiction volition beryllium updated passim the day, truthful cheque backmost often for much regular updates.

Everything that could spell close to thrust the banal marketplace higher today, appears to be going right, and the Vanguard S&P 500 ETF (NYSEMKT: VOO) is up 1.5% premarket -- that's the agelong and the abbreviated of however things basal Thursday morning.

Last night, Nvidia (Nasdaq: NVDA) bushed by a nickel connected its fiscal Q3 2026 net report, reporting $1.30 per stock successful nett and income of $57 cardinal -- $2.1 cardinal much than Wall Street expected. Nvidia went connected to usher capitalist higher connected Q4 arsenic well, saying gross volition beryllium $65 billion, positive oregon minus, which if existent volition acold transcend analysts' expected $61.6 billion.

Nvidia banal is up much than 5% this morning.

Just a fewer hours later, the U.S. authorities did its portion to support the banal marketplace rally going, arsenic the U.S. Bureau of Labor Statistics reported 119,000 caller jobs created successful September. This reversed the 4,000 jobs mislaid successful August, and was much than 50,000 jobs economists had predicted.

BLS besides noted that mean hourly net accrued 3.8% twelvemonth implicit year.

Granted, each this is aged information from earlier the authorities shutdown, and nary of it tells america however overmuch harm the shutdown itself did to the economy, to wages, oregon to the occupation market. But for today, it's each much than capable bully quality to nonstop the banal marketplace higher.

• AI bellwether Nvidia reported an net bushed past nighttime and gave beardown guidance, encouraging investors.

• US Bureau of Labor Statistics says the system added 119,000 jobs successful September.

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In non-Nvidia net news, S&P 500 constituent institution Walmart (NYSE: WMT) bushed Q3 net by 2 cents this morning, reporting a $0.62 per stock nett and income of $179.5 billion, astir $2 cardinal much than analysts were expecting. Walmart besides raised guidance for full-year net to a scope of from $2.58 to $2.63.

Walmart banal is up 3% premarket.

S&P 500 constituent Jacobs (NYSE: J)  rounded retired the morning's bully quality with an eight-cent net beat. The engineering and operation steadfast earned $1.75 per stock successful its fiscal Q4, and gross was $3.2 billion, $50 cardinal much than expected. Guidance for full-year fiscal 2026 is for $6.90 to $7.30 successful profit, besides up of forecasts.

Jacobs banal is up much than 3%.

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