US shares rose today Friday (2.5.2025) as the Wall Street He received a better than the expected report on April’s non -agricultural payrolls, which reduced fears of recession and put the S&P 500 at a rate for his longest series of profits for just over two decades.
Specifically, the S&P 500 on Wall Street is boosted by 1.61%, a move that set the wider market index on the ninth consecutive day of profit. If the index closes higher, this will mark its largest profit series since November 2004. Industrial Dow Jones scores a jump of 612 points or 1.50% and Nasdaq wins 1.81%.
With today’s Friday profits, the S&P 500 has now regained its losses since April 2, when President Donald Trump announced his “reciprocal” duties. This happens one day after technologically heavy Nasdaq achieved the same feat.
The dollar is falling. State bonds were divided by the two -year bond -sensitive rendering of 10 -year -olds at 3.80%. Oil declined more than 1% as OPEC+ has speeded up the meeting to weigh further production increases.
Non -agricultural payrolls for April were higher than estimates, above the 133,000 expected by economists involved in a Dow Jones poll, highlighting a cold but durable labor market. This number is still significantly short of the 228,000 added in March, but it is much better than they were afraid of after increasing recessions last month. The unemployment rate stood at 4.2%, according to expectations. This reassured the fears of traders who were worried about the impact that President Donald Trump would have on the economy.