From Zacks Investment Research: 2025-06-09 05:10:00

U.S. stock markets closed higher at the end of a successful first week of June, driven by better-than-expected jobs data for May and positive U.S.-China trade talk. The Dow Jones Industrial Average climbed 1.05%, Nasdaq Composite surged 1.2%, and S&P 500 jumped 1.03%. All 11 sectors of the S&P 500 ended in positive territory. The Department of Labor reported that the U.S. economy added 139,000 jobs in May, with an unemployment rate of 4.2%. President Trump announced negotiations on tariffs and trade with China by top U.S. officials. Last week saw gains in the Dow, S&P 500, and Nasdaq due to positive economic news and trade talk progress.



Read more at Zacks Investment Research: Stock Market News for Jun 9, 2025 – June 9, 2025