Stocks Surge as Jobs Report Smashes Expectations, Tesla Bounces Back

The stock market's riding a comeback wave after a jaw-dropping jobs report, and Tesla's clawing its way back from the brink!

On June 6th, U.S. stock indices exploded upwards after the latest jobs data blew the roof off expectations. The Dow Jones skyrocketed 300 points, a sweet 0.7% gain, while the S&P 500 didn't lag far behind with a 0.75% jump. And tech's darling, the Nasdaq, soared 0.97% as all major indices got a mega boost from the killer U.S. employment numbers.

The report dropped a bombshell, revealing U.S. employers cranked out 139,000 new jobs. Sure, it's less than April's revised 147,000, but it still smashed through the forecast. Plus, the unemployment rate? It's chilling at a cool 4.2%. This powerhouse report's screaming that the U.S. job market's not just surviving, it's thriving, trade war be damned.

Nonfarm payrolls are the Fed's bread and butter, and with their dual mission to pump up employment while keeping inflation in check, these killer figures are probably making them think twice about slashing interest rates. Inflation's still lurking in the shadows, after all.

But hey, with good news comes Trump's latest jab at the Fed. The President's out here demanding Fed Chair Jerome Powell to slash those rates and inject some "Rocket Fuel" into the economy. "Go for a full point!" he blasted on social media. Talk about turning up the heat!

Tesla Bounces Back from Musk-Trump Showdown

Tesla shares are clawing back about 5% as traders smelled blood in the water after the stock tanked, thanks to the epic showdown between Elon Musk and Donald Trump. Musk, once Trump's buddy, threw down the gauntlet calling for the prez's impeachment and dropping bombs about Trump's alleged ties to the Jeffrey Epstein files.

The fallout? Tesla shares plummeted 14% on Thursday, and Musk's fortune nosedived by a whopping $34 billion. But then Musk tried to wave the white flag and cool things down with Trump. No dice, though. Trump shot back, claiming Musk's "lost his mind." Man, the drama never stops in the world of tech and politics!