US EditionWall Street gains ground following a stronger-than-expected report on the US job market
- Stocks on Wall Street rose on the morning of May 2, 2025, following a stronger-than-expected U.S. April jobs report in New York.
- The jobs report showed employers added 177,000 positions in April, marking a slowdown from March but surpassing economists' forecasts amid trade war tensions.
- The report came before the full effects of President Trump's tariffs, which have created uncertainty for businesses due to delays and heightening costs on imports, especially from China.
- The S&P 500 and Dow Jones each gained about 0.8%, with the S&P 500 pursuing a ninth day of gains, while oil prices fell below $60 per barrel, pressuring energy companies.
- Strong job growth supports consumer spending and economic growth, but broader economic stress and tariff uncertainty suggest risks remain for businesses and hiring going forward.
51 Articles
51 Articles
Wall Street dawns ‘optimist’ by employment figures in the US: How much do your indicators earn TODAY?
The main share rates in the United States operate with profits, after figures from the U.S. labor market were released that turned out to be better than expected.The increases are 1.31 percent for Nasdaq, at 17 thousand 942.51 points, the S&P 500, with 1.22 percent more, is placed at 5 thousand 673.24 integers, and the Dow Jones, with 1.06 percent more, is around 4 thousand 192.14 units.“Today’s data reflect a labour market that remains solid, d…
Wall Street Drives After U.S. Employment Data and IPSA Holds 8,000 Points
The New York Stock Exchange rose in the middle of April’s employment figures above what was expected in the midst of doubts about the state of the U.S. economy, after the first quarter’s Gross Domestic Product fell in a surprising way. Another milestone that improved the mood of the market was that China showed openness to negotiate a de-escalation of the conflict with the United States. “The U.S. economy is still in a relatively solid position,…
Wall Street gains ground following a stronger-than-expected report on the US job market
Stocks rose in morning trading on Wall Street Friday following a stronger-than-expected report on the U.S. job market.The S&P 500 gained 1.3%, putting the index on track for a ninth straight day of gains. The Dow Jones Industrial Average rose 449 points, or 1.1%, as of 11:06 a.m. Eastern. The Nasdaq composite rose 1.4%.The gains were broad. Technology stocks were among the companies doing the heaviest lifting. Microsoft surged 2.1% and Nvidia ro…
Observador
Noticias ao MinutoWall Street opens higher with Nasdaq rising 1.91%
At 14:50 (Lisbon time), the expanded S&P 500 index rose 0.77% to 5,612.14 points. The selective Dow Jones, on the other hand, advanced 0.51% to 40,877.36 points and the technological Nasdaq gained 1.91% to 17.
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