US stocks rallied on Friday, as a better-than-expected jobs report alleviated concerns over President Trump’s tariffs and their potential impact on the economy. The S&P 500 and Dow Jones Industrial Average extended their winning streaks to nine days. The S&P 500 rose 1.5% on the day, regaining all losses since April 2, as investors became more optimistic about the economic outlook.
Source: https://www.washingtonpost.com/business/2025/05/02/stocks-april-rebound