The Dow Jones Industrial Average closed Friday at 42,762.87, up.05% or 443 points, fueled by a stronger-than-expected May jobs report that added 139,000 jobs and kept unemployment steady at.2% This upbeat labor data eased recession fears and boosted investor confidence, pushing the S&P 500 above,000 for the first time since February.
Despite the rally, Tesla (TSLA) shares slipped nearly 2% in premarket trading, extending volatility after recent high-profile controversies involving CEO Elon Musk Meanwhile, Dow futures for Monday morning indicate a cautious start, with a slight 0.1% gain as markets await fresh developments from ongoing U.S.-China trade talks and upcoming inflation data later this week.
Investors are closely watching these factors, as trade negotiations and inflation metrics could influence the trajectory of the stock market in the near term. The tech sector remains a key driver, with giants like Apple and Nvidia showing gains ahead of major events Market watchers should prepare for a week filled with potential volatility despite Friday’s strong close.
