Stock Market Rally: Dow, S&P 500, and Nasdaq Surge Following Jobs Report and Musk-Trump Tensions Ease

Reported about 2 months ago

US stock markets surged on Friday as the S&P 500 surpassed the 6,000 mark following a positive jobs report that showed 139,000 jobs added in May, exceeding expectations. Investor optimism increased as tensions between President Trump and Tesla CEO Elon Musk began to cool, particularly after Musk walked back his threats regarding NASA's Dragon spacecraft. The Dow Jones Industrial Average rose over 500 points, while Tesla shares gained around 3.85% amidst signs of potential reconciliation between the two powerful figures.

Source: YAHOO

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