43. Weekly Market Recap: Key Movements & Insights

Rally On! 💥 Strong Jobs Data Pushes S&P 500 Past Key Milestone

Wall Street Shakes Off Volatility, S&P 500 Reclaims 6,000 on Strong Jobs Report

U.S. stocks capped a volatile week with a powerful rally on Friday, as a surprisingly strong May jobs report overshadowed mid-week anxieties and a high-profile feud between President Donald Trump and Tesla CEO Elon Musk. The S&P 500 surged past the 6,000 mark for the first time since late February, sending a clear signal that investor optimism, for now, has eclipsed concerns about economic slowing and trade policy.

For the week, the S&P 500 gained 1.5%, the tech-heavy Nasdaq Composite added 2.3%, and the Dow Jones Industrial Average rose 1.2%. Investors now turn their attention to the coming week, which is packed with key inflation data that will further shape the economic outlook.