The Daily
What May’s jobs report tells us about Trump tariffs and the state of the economy
U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars.
Hiring fell from a revised 147,000 in April, the Department of Labor said Friday. The job gains last month were above the 130,000 that economists had forecast.
Tesla stock jumps after wipeout sparked by the Musk-Trump blowup
Tesla stock rose on Friday after dropping sharply in Thursday’s session following a public spat between CEO Elon Musk and President Donald Trump.
Shares of the EV maker rose as much as 6% on Friday to around $302.55. The stock is down 26% for the year.
» Read more about: Tesla stock jumps after wipeout sparked by the Musk-Trump blowup »
A renowned Tesla bear says he's selling stock after Musk's 'disaster' feud with Trump
Emma McIntyre / Staff/Getty Images
2025-06-06T14:12:36Z
Energy Transfer's Growth Prospects Continue to Get Brighter
Energy Transfer (ET 1.87%) is known more for its lucrative cash distributions. The master limited partnership (MLP) currently yields around 7.5%. That’s several times higher than the S&P 500, which has a dividend yield of less than 1.5%.
» Read more about: Energy Transfer's Growth Prospects Continue to Get Brighter »
Wall Street gains ground following a solid jobs report
By DAMIAN J. TROISE, Associated Press Business Writer
NEW YORK (AP) — Stocks rose on Wall Street Friday following a better-than-expected report on the U.S. job market.
The S&P 500 index rose 1.2% in morning trading. The benchmark index remains on track to notch a second consecutive winning week.
» Read more about: Wall Street gains ground following a solid jobs report »
F&O expiry on Tuesday or Thursday? Here’s why the trading day matters
Market experts say the exchange that gets Tuesday as its expiry will effectively have three trading days in the options cycle – Friday, Monday, and expiry-day Tuesday. In contrast, a Thursday expiry …
» Read more about: F&O expiry on Tuesday or Thursday? Here’s why the trading day matters »
The US economy added 139,000 jobs in May, slightly more than expected
CNN
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The long-resilient US labor market slowed down a little in May, adding 139,000 jobs, according to Bureau of Labor Statistics data released Friday.
Last month’s job gains, which came in slightly more than expected, marked a retreat from April,
» Read more about: The US economy added 139,000 jobs in May, slightly more than expected »
US Stock Market Today: S&P 500 Reclaims 6,000 Points; Dow Jones, Nasdaq Jump 1%
US stocks soared on Friday after the latest labour data came in better than expected, easing concern of an imminent slowdown in the world’s largest economy.
The 30-stock Dow Jones Industrial Average jumped nearly 500 points or 1.2% to 42,813 after the opening bell. The tech-heavy Nasdaq Composite rallied 1.2%.
» Read more about: US Stock Market Today: S&P 500 Reclaims 6,000 Points; Dow Jones, Nasdaq Jump 1% »
US Payrolls and Tesla help S&P 500 get back above 6,000
- US Payrolls help ease fears about a US recession.
- Labour market 8is softening, but not falling off a cliff.
- US rate cut expectations get scaled back.
- Will Trump and Musk kiss and make up?
» Read more about: US Payrolls and Tesla help S&P 500 get back above 6,000 »