U.S. stocks advance on optimism over jobs report, trade talks


  • World
  • Saturday, 03 May 2025

NEW YORK, May 2 (Xinhua) -- U.S. stocks extended gains on Friday, as a stronger-than-expected jobs report reassured investors about the economy's resilience.

The Dow Jones Industrial Average gained 564.47 points, or 1.39 percent, to close at 41,317.43. The S&P 500 rose 82.53 points, or 1.47 percent, to 5,686.67, fully erasing losses incurred since U.S. President Donald Trump's tariff announcement on April 2. The Nasdaq Composite Index added 266.99 points, or 1.51 percent, to end at 17,977.73.

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