US Stock Market Highlights: Dow jumps 500 aspects, S&P 500 posts longest salvage plod in two decades as shares claw support tariff losses

US Stock Market Highlights: US shares surged on Friday (Might per chance well well furthermore merely 2) after a stronger-than-anticipated April jobs account helped aloof recession issues, pushing the S&P 500 to its longest winning plod in over two decades.

US Stock Market Highlights: US shares surged on Friday (Might per chance well well furthermore merely 2) after a stronger-than-anticipated April jobs account helped aloof recession issues, pushing the S&P 500 to its longest winning plod in over two decades. The S&P 500 rose 1.47% to terminate at 5,686.67, marking its ninth consecutive day of beneficial properties — the longest such plod since November 2004. The Dow Jones Industrial Moderate climbed 564.47 aspects, or 1.39%, ending the session at 41,317.43. The Nasdaq Composite added 1.51%, ending at 17,977.73. The rally became as soon as fueled by April nonfarm payroll records, which showed 177,000 jobs added right thru the month, well above the 133,000 anticipated by economists surveyed by Dow Jones. While the figure is down from March’s revised 228,000, it helped ease fears of an financial slowdown. The unemployment price held regular at 4.2%, matching expectations. Friday’s beneficial properties furthermore supposed that the S&P 500 has now erased all losses incurred since April 2, when President Donald Trump announced his novel “reciprocal” tariff coverage. The Nasdaq had already recovered its April losses within the old session. Berkshire Hathaway Inc. will start its Q1 earnings on Saturday, Might per chance well well furthermore merely 3, 2025, at around 5:30 p.m. IST. The firm will furthermore preserve its 2025 Annual Shareholders Meeting on the identical day. The market is now focused on the upcoming US non-farm payrolls account, which is scheduled for start at 6:00 p.m. IST on Friday.