From Yahoo Finance: 2025-05-04 11:01:00

US stocks rose on Friday, May 2, with the S&P 500, Dow Jones, and Nasdaq all posting gains. The S&P 500 added nearly 1.5%, marking the longest winning streak since 2004. The Dow rose 1.4%, and the Nasdaq gained roughly 1.5%. China’s openness to trade talks and a better-than-expected US jobs report fueled the rally, with 177,000 nonfarm payrolls added in April, surpassing expectations. China’s commerce minister stated that the “door is open” for trade talks with the US. Bank of America Corporation (NYSE:BAC) ranks among the most profitable cheap stocks to buy, with a strong Q1 2025 performance, returning $6.5 billion to shareholders.



Read more at Yahoo Finance: Is Bank of America Corporation (BAC) The Most Profitable Cheap Stock to Buy Now?