Wall Street Soars as Jobs Report Blows Expectations Out of the Water!

Holy smokes, Wall Street ended the week with a bang! A jaw-dropping U.S. jobs report sent investor confidence through the roof.

The Dow Jones Industrial Average skyrocketed 443 points, a sizzling 1.05%, leading the charge on Friday. The S&P 500 wasn't far behind, blasting off 1.03% and smashing past the 6,000 mark for the first time since February. Meanwhile, the Nasdaq Composite charged ahead 1.2%, fueled by a fierce comeback from tech titans.

Over the week, the S&P 500 and Dow both flexed their muscles, gaining over 1%, while the Nasdaq crushed it with a 2% surge.

Get this: the U.S. economy added a whopping 139,000 jobs in May, blowing past estimates of 125,000. The unemployment rate? Steady at 4.2%. And wage growth? Better than anyone dared to dream. We're talking about a labor market that's shrugging off tariff and trade chaos, and political drama in the White House like it's nothing!

Trump vs. Powell: The Battle Over Rates Heats Up

Despite the stellar numbers, President Donald Trump isn't backing down. He's doubling down on his demand for the Federal Reserve to slash interest rates by a full percentage point, calling Fed Chair Jerome Powell a total buzzkill for the economy. But hold your horses, because the markets are betting there's no way a cut's happening at the June meeting. And the chances of a September cut? They just took a nosedive from 74% to 62% after Friday's bombshell report.

In other news, Trump just dropped a bombshell: U.S.-China trade talks are back on, kicking off in London next week. And who's leading the charge? None other than the President's right-hand man, Treasury Secretary Scott Bessent.

Buckle up, because next week's trading is going to be a wild ride, driven by inflation data and the Fed's June policy meeting. Get ready for some serious action!