Stocks Set to Rise on Strong Earnings and Economic Data
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Dow futures climbed 0.5% in premarket action, while S&P 500 futures rallied 1.3% as Nvidia soared 13% after strong earnings.
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Jobless claims unexpectedly fell to 201,000 vs 212,000 expected, boosting markets.
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Birkenstock, Lennar, and Toll Brothers are breaking out, among the best stocks to buy and watch.
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Dow Jones component Walmart rallied on earnings, while Apple and Microsoft edged higher among Magnificent Seven stocks.
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Key economic data due Thursday includes PMI and existing home sales numbers, which could impact trading.