03:50 PM EDT, 08/29/2024 (MT Newswires) -- US benchmark equity indexes were mostly higher ahead of Thursday's close as traders assessed the latest economic data and corporate results, including those from Nvidia ( NVDA ) .

The Dow Jones Industrial Average was up 0.8% at 41,414.8, after reaching 52-week high of 41,577.97 intraday. The S&P 500 rose 0.2% to 5,601.2, while the Nasdaq Composite dropped marginally to 17,539.4. Among sectors, energy led the gainers, while real estate saw the steepest decline.

US real gross domestic product grew at a 3% annualized rate in Q2, up from the previously projected 2.8% pace, according to a second estimate by the Bureau of Economic Analysis. The consensus on Bloomberg was for a 2.8% print.

Weekly applications for unemployment insurance in the US decreased, government data showed, with Oxford Economics suggesting that layoffs remain low.

The US two-year yield rose 3.1 basis points to 3.9%, while the 10-year rate added three basis points to 3.87%.

Nvidia's ( NVDA ) fiscal Q2 results surpassed Wall Street estimates late Wednesday as demand for generative artificial intelligence helped drive record revenue.

Best Buy ( BBY ) lifted its full-year earnings outlook following better-than-expected fiscal Q2 results.

Cooper (COO) logged better-than-expected fiscal Q3 results.

Dollar General ( DG ) lowered its full-year outlook amid softening sales trends.

Dell Technologies ( DELL ) , Marvell Technology ( MRVL ) , Autodesk ( ADSK ) , Lululemon Athletica ( LULU ) , Ulta Beauty ( ULTA ) and MongoDB ( MDB ) are among the companies scheduled to post results after the closing bell.

West Texas Intermediate crude oil rose 2.1% to $76.06 a barrel.