Stock Market on May 2 2025 Dow Nasdaq end sharply higher after US jobs report SP 500 erases postliberation day losses as it logs longest winning streak since 2004 MarketWatch

Friday’s market rebound was ‘not built on anything solid but something very ephemeral,’ says strategist

The S&P 500 eked out a weekly gain to snap four straight weeks of losses, despite tariff uncertainty weighing on the market and clouding the Fed's economic outlook.

The S&P 500 is down 7.4% since the Iran conflict began — worse than the median 6.1% decline during previous geopolitical shocks