Markets Rally Despite Nvidia's Slow Growth Forecast and Alphabet's DOJ Setback

Nvidia's earnings beat expectations, but supply chain issues weigh on outlook, while Alphabet faces calls to divest Chrome browser.

The Dow Jones rose 1.2% and the S&P 500 gained 0.7%, driven by strength in industrials and financials, while the Nasdaq Composite saw mixed performance due to tech sector weakness.
Nvidia's strong earnings report highlighted record revenues in data center and automotive segments, but the company warned of supply constraints for its next-generation Blackwell chip, limiting short-term growth.
Alphabet shares dropped over 6% following a Department of Justice proposal to force Google to sell its Chrome browser as part of antitrust measures targeting its market dominance.
Bitcoin surged to a record high of $98,000, fueled by optimism over potential crypto-friendly policies under President-elect Donald Trump's incoming administration.
Weekly jobless claims declined to 213,000, marking a seven-month low and signaling continued resilience in the U.S. labor market.