US Stock Market Move | The three major indices collectively rose after the non-farm employment data boost, and the S&P 500 erased the "tariff plunge" since April 2nd.

date
02/05/2025
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GMT Eight
On Friday, the three major US stock indexes all rose.
On Friday, the three major U.S. stock indexes collectively rose, with the Dow Jones up nearly 1%, the Nasdaq up 1.2%, and the S&P 500 up 1.1%, poised for a ninth consecutive day of gains, erasing the losses from Trump's announcement of tariffs last month. On the news front, the U.S. added 177,000 jobs in April, higher than expected, with the unemployment rate holding at 4.2%, proving that the economy, despite trade pressures, is resilient. The market has moved past the tariff trauma, with investors trying to navigate through the chaos, believing that they can withstand the pain and overcome policy uncertainty even without specific details on tariffs.