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Home World Australia

Wall St climbs on tariff optimism, strong US jobs data

2 May 2025
in Australia
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Wall St climbs on tariff optimism, strong US jobs data
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Wall Street’s main indexes rose due to easing trade tensions with China and a positive jobs report, with the Dow Jones rising 450.30 points to 41,203.26, the S&P 500 gaining 59.98 points to 5,664.12, and the Nasdaq Composite increasing by 162.22 points to 17,873.64. Despite overall gains, Apple fell 4.6% after announcing a reduced share buyback due to tariff costs, while Amazon also dipped slightly. Companies are cautious about the erratic tariff policies, leading to earnings forecasts being pulled amidst concerns over higher costs and economic impacts.

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Tags: BusinessclimbsDataJobsMarketsoptimismstrongtariffwall
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