Nasdaq Soars Ahead Of Jobs Report; Qualcomm, ResMed, FTI In Focus
Nasdaq Soars Ahead Of Jobs Report; Qualcomm, ResMed, FTI In Focus  
Podcast: Stock Market Today With IBD
Published On: Thu May 02 2024
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. Learn more about your ad choices. Visit megaphone.fm/adchoices