Wall Street rally after jobs report; Dow surges over 400 points, S&P 500 nears 20-year milestone
Friday, 2 May 2025 () US stock markets surged following a robust April jobs report, with major indexes hitting new highs. The Dow soared by 434.80 points, while the S&P 500 was on track for its longest winning streak in two decades. Optimism grew as China considered US tariff negotiation offers, boosting European and Asian markets as well.
A temporary rally gave Wall Street hope early Tuesday, but it didn’t last. The Dow closed down 320 points, capping a nearly 5,000-point loss over four sessions as Trump’s new 104% tariff on China..
After three straight sessions of steep losses, Wall Street finally saw green as the Dow surged 1,360 points and tech stocks rebounded. But with a new round of Trump’s tariffs set to hit at midnight,..
US stock futures indicated losses as Wall Street opened, influenced by declining oil prices and a gold rally amid geopolitical tensions and economic growth... IndiaTimes