Nvidia and Deere Report Strong Earnings Despite Economic Concerns; Stocks Rebound on Positive Jobs Data
• Nvidia reported strong earnings but stock pulled back after huge 2023 gains; data center revenue soared 279%
• Deere guiding to lower 2024 sales but says it's better positioned to preserve profits vs previous downturns
• Stocks rose Wednesday, bouncing back from prior day's declines; Dow up 137 pts, Nasdaq up 0.5%
• Consumer sentiment ticked higher in November but still marked 4th straight monthly decline
• Jobless claims fell more than expected last week to 209,000, lowest level since September