India, May 10 -- The U.S. stock market rose to records Friday following the latest sign that the nation's job market is doing better than economists expected.
The S&P 500 climbed 0.8% to an all-time high after a report said U.S. employers added 115,000 more jobs than they cut last month, even though the war with Iran is raising fuel costs and uncertainty for everyone. The Dow Jones Industrial Average edged up by 12 points, or less than 0.1%, and the Nasdaq composite rallied 1.7% to its own record.
While hiring slowed from March's level, it was still nearly double what economists expected. And it helped the S&P 500 close out a sixth straight winning week, its longest such streak since 2024. The U.S. stock market has been blasting higher si...