U.S. stocks traded higher this morning, with the S&P 500 gaining over 1% on Friday.
Following the market opening Friday, the Dow traded up 0.91% to 41,121.95 while the NASDAQ climbed 1.11% to 17,906.97. The S&P 500 also rose, gaining, 1.06% to 5,663.28.
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Leading and Lagging SectorsIndustrials shares rose by 1.6% on Friday.
In trading on Friday, energy stocks dipped by 0.3%.
Top Headline
Nonfarm payrolls increased by 177,000 last month, slightly down from a downwardly revised 185,000 in March, according to data released Friday by the Bureau of Labor Statistics.
The outcome surpassed both economist forecasts for a 130,000 gain and betting markets – tracked by CFTC-regulated platform Kalshi – which had priced in a 90,000 increase. The unemployment rate remained unchanged at 4.2%, as expected.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded down 2.5% to $57.79 while gold traded up 1% at $3,253.10.
Silver traded down 0.3% to $32.360 on Friday, while copper rose 1% to $4.6735.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 1.3%, Spain's IBEX 35 Index gained 0.6% while London's FTSE 100 rose 1%. Germany's DAX 40 rose 2.1% and France's CAC 40 added 1.9% during the session.
Asia Pacific Markets
Asian markets closed higher on Friday, with Japan's Nikkei gaining 1.04%, Hong Kong's Hang Seng Index surging 1.74% and India's BSE Sensex rising 0.32%.
Economics
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