Stock Market Jumps As Snowflake Lights Up Software Rally; Yields Drop Before Jobs Report

A bullish earnings report from Snowflake (SNOW) halted two days of harsh selling in the software sector Thursday and helped lift the Nasdaq composite 1.4%. Small caps mostly sat out the rally, but the Dow Jones Industrial Average and S&P 500 also closed up north of 1% as bond yields fell ahead of Friday’s jobs report. The Nasdaq jumped above…