Upbeat Jobs Data, Optimism About Trade Talks With China Sparks Rally On Wall Street
Wall Street is riding a wave of good news—and investors are here for it.
In a surprising turn that’s lighting up the stock market, U.S. stocks surged again on Friday, wrapping up a second straight week of gains. The big drivers? Solid economic data and signs of possible progress in long-stalled U.S.-China trade talks.
Let’s break down what’s behind this bullish momentum and what it could mean for markets going forward.
Quick Highlights (for skimmers and featured snippet optimization)
- S&P 500 and Dow Jones are up for the 9th straight day—a streak not seen in years.
- U.S. added 177,000 jobs in April, beating expectations.
- Apple’s shares dipped, but Meta and Nvidia jumped.
- US-China trade talks might be back on the table.
- Dow rose 1.39%, S&P 500 1.47%, Nasdaq 1.51% on Friday.
What’s Fueling the Stock Market Surge?
The biggest boost came from a surprisingly strong U.S. jobs report. In April, the economy added 177,000 new jobs, beating most forecasts. Even better? The unemployment rate stayed steady at 4.2%, easing fears that the economy was slowing down too fast.
Economist Talley Leger weighed in, noting that while job growth slowed slightly from the previous month, it was still a positive surprise given the recent tariff tensions.
US-China Trade: Tensions Ease (Slightly)
In another encouraging sign, Beijing said it was considering an offer from Washington to reopen trade talks. President Trump’s earlier announcement of steep 145% tariffs on Chinese imports rattled markets, but his partial reversal has helped calm nerves.
Investors are cautiously optimistic that this gesture could signal a thaw in the long-running trade war.
Market Breakdown: Who’s Up, Who’s Down?
Here’s how the key indexes fared:
- Dow Jones: +564.47 points (1.39%) → 41,317.43
- S&P 500: +82.54 points (1.47%) → 5,686.68
- Nasdaq Composite: +266.99 points (1.51%) → 17,977.73
And here’s how some major companies performed:
Company | Movement | Why It Moved |
Apple | ↓ 4% | Tariff-related cost concerns |
Meta (Facebook) | ↑ 4.3% | Strong investor sentiment |
Nvidia | ↑ 2.6% | Continued tech sector strength |
Chevron & ExxonMobil | ↑ 1.6% / 0.4% | Solid earnings reports |
Take-Two Interactive | ↓ 7% | GTA VI delayed to 2026 |
Block (formerly Square) | ↓ 20% | Profit forecast cut |
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