Stocks Mostly Higher Despite Unemployment Jump; Nvidia and IBM Lead Tech Rally
• The Dow Jones Industrial Average climbed Friday after the jobs report showed an unexpected jump in the unemployment rate.
• Nvidia and Super Micro rallied 5% and 5.5%, respectively, hitting new highs. Nvidia is an IBD Leaderboard stock.
• IBM stock is attempting a breakout above a flat base's 196.90 buy point, with a 2.2% rally Thursday.
• Square parent Block is adding a high handle to a cup base, taking the correct buy point to 83.29.
• Among Dow Jones stocks, Apple fell 0.1% Thursday, extending a losing streak to seven sessions and moving further below its long-term 200-day line.