Options Spy | 250 million call orders, Nvidia price target 453
@OptionsBB:
The market predicted that the Federal Reserve tightening cycle was nearing the end, the US Treasury interest rate fell, the market generally reacted positively to corporate earnings, Tesla surged 6.25%, and the high Treasury forecast led semiconductor stocks to strengthen.The S&P 500 posted its first consecutive gain of more than 1 percent since February. The Nasdaq closed up 2.36 percent, its best performance since July.Adjusted U.S. claims for unemployment benefits came in at 217,000 for the week ended Oct. 28, higher than market expectations of 210,000. Data showing easing inflation and a slowing labor market bolstered investor confidence that the Federal Reserve may not raise interest rates again. Bond yields fell. The yield on the 10-year Treasury note fell about 12 basis points t