Saturday, May 3, 2025

Dow Jones Rallies On Surprise Jobs Report

Article Title: Dow Jones Rallies On Surprise Jobs Report
Snippet of Article: "The Dow Jones Industrial Average and other major stock indexes rallied Friday, as Wall Street cheered a surprisingly strong April jobs update. ...The 10-year Treasury yield ticked higher to 4.29% early Friday. Meanwhile, oil prices ticked up, as West Texas Intermediate futures traded near $59.30 per barrel.

Among exchange traded funds, the Invesco QQQ Trust (QQQ) added 1.1%, while the SPDR S&P 500 ETF (SPY) moved up 1.2% after the open.

Tesla stock rallied 2.4% in early action Friday..."




Source: Investors Business Daily

[tag] U.S. jobs reports,Trump Results, [/tag]