- Major US indices advanced on Thursday, led by a 0.8% rise in the S&P 500 and a nearly 1% rally in the Nasdaq 100.
- Technology was the only S&P 500 sector in the green, driven by a staggering rally in cybersecurity stocks and Nvidia Corp.'s strong revenue forecast.
- Robust economic data, including a drop in initial jobless claims to 203,000, supported market gains while individual tech movers like Okta Inc. and Salesforce Inc. posted significant earnings-driven surges.
