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News in English (USA) / 06.06.2025 / 16:00

Wall Street Rallies Amid Strong Jobs Data and Tesla Rebounds from Trump-Musk Feud

Stocks surged as strong U.S. jobs data boosted investor sentiment, with the Dow Jones gaining 500 points and the S&P 500 nearing the 6,000 mark. Amid this positive backdrop, Tesla shares rebounded from a significant sell-off influenced by the recent feud between Elon Musk and Donald Trump, which previously wiped out $150 billion in market value. As the focus shifts from political dramas to economic indicators, futures for Wall Street edged higher ahead of payroll reports, demonstrating resilience despite the turbulent backdrop.
CNBC, Yahoo Finance, WSJ, Reuters, "Investors Business Daily", The Globe and Mail, Investopedia, CBS News, "Barrons", Bloomberg