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Nasdaq, S&P, Dow rise sharply as labor report exceeds expectations

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May 02, 2025 9:34 AM ETNASDAQ 100 Futures (US100:IND), SPX, INDUAAPL, AMZN, MSFT, META, SP500, COMP:IND, DJI, US10Y, US2YBy: Sinchita Mitra, SA News Editor
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Major market averages gained sharply on Friday, while yields rose as the labor report came in significantly higher than expected.

Early on and the S&P 500 (SP500) was +1.1%, the Nasdaq Composite (COMP:IND) was +1.1%, and the Dow (DJI) was +0.9%.

The

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