Financial Markets Wall Street
- Richard Drew - AP
- Updated
Options trader Justin Kanda works on the floor of the New York Stock Exchange, Thursday, May 7, 2026.
Richard Drew - APAs featured on
U.S. stocks rose to records following the latest sign that the nation’s job market is doing better than economists expected. The S&P 500 climbed 0.8% Friday to an all-time high after a report said employers added more jobs last month than expected, even though the war with Iran is raising fuel costs and uncertainty. The Dow Jones Industrial Average edged up less than 0.1%, and the Nasdaq composite rallied 1.7% to its own record. Monster Beverage and Akamai Technologies helped lead the market after reporting better profits for the latest quarter than analysts expected. Oil prices climbed on uncertainty about the war with Iran.
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