The S&P 500’s rise of 1.5% represents a significant move toward its longest winning streak since 2004, boosted by April’s strong job figures. With 177,000 jobs added, the report surpassed the Dow Jones estimate, lifting investor sentiment and easing recession worries.
Despite the positive job growth, analysts express caution regarding future market stability, citing weak projections from companies. Specifically, Apple saw a 3% decline in its stock, reflecting revenues that fell short of expectations, raising red flags about upcoming market conditions.
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