What’s News in Markets: Nvidia’s Big Buyback, Cruise Comeback, Egg Glut

NVIDIA's record $150 billion buyback is historic yet proportionally modest for a company worth over $5 trillion.

• Bond market pressure: The 10-year Treasury yield hit a 24-year high this week as high oil prices and a resilient economy fueled fears of higher-for-longer rates, before a weak Friday jobs report sparked a stock rally.
• Weekly index moves: Nasdaq rose about 0.5%, the S&P 500 slipped roughly 0.25%, and the Dow fell 1.3% for the week.

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