From Nasdaq:

Market indices rose today, with the Dow gaining 0.45%, the S&P 500 up 0.57%, and the Nasdaq climbing 0.75%. Magnificent 7 leader NVIDIA topped the Nasdaq with a 2.28% increase. Intuitive Surgical raised Q4 sales estimates, while Visa and Meta Platforms both hit new highs. The Consumer Price Index (CPI) and core CPI are key factors to watch for the rest of the week.

KB Home’s Q4 earnings results beat expectations. Earnings of $1.85 per share and revenues of $1.67 billion outperformed estimates, although deliveries were down 10% year over year. The company reported sequential increases in orders, likely due to 30-year fixed mortgage rates coming down to 6.78%.

Experts have released 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. Since 1988, the list has beaten the market more than 2X over, with an average gain of +24.0% per year. The full list has been released, including Visa, Intuitive Surgical, NVIDIA, and KB Home.



Read more: Markets Trade Higher Ahead of Thursday’s CPI