US Stock Market Rallies on Strong Jobs Data and Trade Optimism
The US stock market experienced significant gains as positive jobs data eased economic concerns. The S&P 500 hit its highest level in months, touching 6,000, while the Dow rose more than 400 points following a solid jobs report. Investor optimism was further boosted by hopes of improved trade relations with China and a rebound in major stocks like Tesla. Overall, the strong labor market report alleviated recession fears, contributing to weekly gains across major indexes including the Nasdaq. Despite some tensions and political disputes, markets showed resilience, with futures pointing to continued strength in the wake of the job numbers.
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