The stock market experienced a significant rally on Friday following a stronger-than-expected jobs report, which alleviated fears that President Donald Trump’s tariffs might harm the U.S. economy. The S&P 500 and Dow Jones Industrial Average continued their winning streaks for nine consecutive days. The S&P 500 closed at 5,686.67, marking an increase of approximately 1.5% for the day, recovering all losses since April 2 when Trump announced tariff plans. The Dow increased by over 500 points, closing 1.4% higher, while the tech-heavy Nasdaq composite index also gained 1.5%.
— new from The Washington Post
