Wall Street ended the state with a strong memo as the US job report, which was better than expected, raised investor trust.
Dow Jones Industrial Average scored 443 points (1.05%), leading Friday profits among major indexes. The S & P 500 has advanced 1.03%to more than 6,000 for the first time since February. NASDAQ Composite is a 1.2%increase, which is DSSRIVER due to rebound of major technology stocks.
S & P 500 and DOW increased by more than 1% per share, while NASDAQ increased by more than 2%.
The US economy added 139,000 jobs in May to overcome 125,000 estimates, according to data from the Labor Statistics Bureau, according to the data. The unemployment rate remained unchanged to 4.2%, and the increase in wages was slightly better than expected. Despite the tariffs and trade uncertainty, they are faced with a flexible labor market, and it is reasonable to conclude in spite of the White House’s political turmoil.
Trump vs. Powell Fare
Despite strong data, President Donald Trump was taken to the Federal Reserve Bank to the federal preparatory bank to reduce the interest rate as much as possible. Trump may not be able to get what he wants because the market is unlikely to set the current price at the June meeting. Meanwhile, the possibility of reduction in September after the Friday report dropped from 74%to 62%.
Trump, meanwhile, announced next week that the US trade negotiations will be resumed in London, and that President Scott Bessent, the president’s point man and finance, will be led.
Next week’s trading measures will be determined by inflation data and the Fed’s June policy meeting.