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Dow Jones (DJIA), Nasdaq Rally on Strong NFP Jobs, Trade Hopes, After Q1 Slump
Stock markets ended the week on a strong note, with Nasdaq and Dow Jones leading, rising steadily on solid jobs data and renewed optimism ov
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Last updated: Wednesday, June 4, 2025
Quick overview
- US stock markets closed higher for the second consecutive week, with the S&P 500 extending its winning streak to nine sessions.
- The latest non-farm payrolls report showed a rise of 177,000 jobs, exceeding expectations and reinforcing a stable labor market.
- Positive news regarding US-China trade relations and strong Q1 earnings from major corporations contributed to the market's bullish momentum.
- All three major indices posted significant weekly gains, with the NASDAQ leading at +3.42%, driven by optimism in tech stocks.
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Stock markets ended the week on a strong note, with Nasdaq and Dow Jones leading, rising steadily on solid jobs data and renewed optimism over US-China trade relations.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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