Market Wrap / Nvidia beats the street

Nvidia beat the street, despite the gloom and doom forecasts - setting the local marketup for a positive session.The S&P/ ASX 200 bounced back with a 1.24% gain to 104.80 points this Thursday.Consequently, the tech space locally felt reassured and leapt by a solid 2.43%. Block, also listed in the US, topped the ASX 200 gains, up 11.4%. The banks went along with this positive market sentiment, with CBA advancing by 0.9%. Meanwhile the mining space was faring well, notably lithium and gold companies. Liontown Resources was 9.2% higher on a strong result from its inaugural online auction of lithium spodumene concentrate.Heading in the other direction, Droneshield slid a further 4.35% despite its justification for the handling of director share sales, which management said it was not aware of.And shares in Magellan Financial rose, on a day where it was revealed its head of equities has resigned amid an investigation into an alleged relationship with a junior employee. 

Ahead tonight, the delayed September non-farm payrolls data is due in the US. Walmart issues earnings.