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The Guardian // Business // Economics

Wall Street and European markets finish week on a high after US jobs report

Friday 2nd May 2025, 5:42PM

FTSE 100 records its longest winning streak as Washington releases better-than-expected hiring figuresMarkets on both sides of the Atlantic rose on Friday after hiring in the US slowed less than expected in April, offering a glimmer of hope that the world’s largest economy was in a better-than-feared position to withstand the fallout from Donald Trump’s tariffs.On Wall Street the S&P 500 was up 1.5% and the Dow Jones rose 1.3% by early afternoon on Friday, while European markets closed sharply higher after official figures showed the US workforce grew by 177,000 last month. Continue reading...

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