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Dow jumps 500 points, S&P 500 posts longest win streak in 20 years as stocks claw back tariff losses
CNBC ^ | 5/2/25 | Sean Conlon, Hakyung Kim

Posted on 05/02/2025 2:59:06 PM PDT by AT7Saluki

Stocks rose on Friday as Wall Street digested a better-than-expected nonfarm payrolls report for April, which eased recession fears and lifted the S&P 500 for its longest winning streak in just over two decades.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: dow; economy; market; stocks
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To: AT7Saluki

S&P500 is up 12% since Trump took the lead in the polls a year ago.

It has been a good year!


21 posted on 05/02/2025 3:28:57 PM PDT by Uncle Miltie (My Bearded Lady neighbor is an "Intimacy Coach" from the shed w/ Palestinian & Gay flags.)
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To: HYPOCRACY

“Only lefties wish for things to be bad. They want universal misery.”

Except for themselves of course.


22 posted on 05/02/2025 3:34:17 PM PDT by TheDon (Remember the J6 political prisoners! Remember Ashli Babbitt!)
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To: packrat35
Hang in there.

When the market goes down, Nvidia leads the way.

But when the market goes up? Well, you know.;-)

23 posted on 05/02/2025 3:39:25 PM PDT by RoosterRedux (A person who seeks the truth with a bias will never find it. He will only confirm his bias.)
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To: AT7Saluki

“Trump Effect”

Just wait until the $5 trillion of foreign investment in the USA gets going, our expansive new minerals and energy exploration and production get going, and our $1 trillion trade deficit is halved. Stocks will soar.


24 posted on 05/02/2025 3:43:19 PM PDT by ProtectOurFreedom (“Diversity is our Strength” just doesn’t carry the same message as “Death from Above”)
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To: Huskrrrr
Reich is crying into his tiny hankie.

He is such a midget, and such a dud.

He obviously bought into the oppressed vs oppressor narrative. Too bad it's a lie.

25 posted on 05/02/2025 4:29:35 PM PDT by RoosterRedux (A person who seeks the truth with a bias will never find it. He will only confirm his bias.)
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To: BipolarBob

“Dammitol”

That’s funny. Gotta remember it.


26 posted on 05/02/2025 4:36:30 PM PDT by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
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To: nopardons

“the NERVOUS NELLIES refused to listen.”

I couldn’t believe how fickle so many here were. Even DH, who worries about everything, wasn’t fazed in the least about the market. We had faith that PDJT’s decisions for the economy would be the right ones.


27 posted on 05/02/2025 4:40:02 PM PDT by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
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To: packrat35

That it is!


28 posted on 05/02/2025 4:41:11 PM PDT by nopardons
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To: AT7Saluki

What goes up, must come down. A word to the wise: Sell in May and go away.


29 posted on 05/02/2025 4:42:19 PM PDT by Dr. Franklin ("A republic, if you can keep it." )
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To: MayflowerMadam

FR is SO different now and the NERVOUS NELLIES have taken over, or so it seems.


30 posted on 05/02/2025 4:49:16 PM PDT by nopardons
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To: AT7Saluki

ButButButButButButButBut Trump!!! 😫


31 posted on 05/02/2025 4:57:43 PM PDT by Shady (Cause on account of you wanna know why?!?)
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To: AT7Saluki

Some @$$hat commented on a FB post I put up that explained the mechanics of how tariffs work that Trump was “kneecapping the economy”. Methinks, being of Irish descent, that he has no clue about tariffs or kneecapping.


32 posted on 05/02/2025 5:01:17 PM PDT by katana
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To: AT7Saluki

I believe the Golden Age has begun.


33 posted on 05/02/2025 5:30:21 PM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: AT7Saluki

“Stocks rose on Friday as Wall Street digested a better-than-expected nonfarm payrolls report for April”. How come the farmers aren’t included?


34 posted on 05/02/2025 5:44:45 PM PDT by kawhill (Stop by sometime, maybe I can give you some peace. Oh, I'd like that, maybe I can give it to you. )
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To: AT7Saluki

The Stock Market reacted to 177,000 new jobs in April when a recession was predicted. Private sector employment is up.

Federal sector employment is down.

It’s almost as if Private sector employment and Public sector employment have the inverse impact of each other on the economy.


35 posted on 05/02/2025 5:49:42 PM PDT by spintreebob (ki .h )
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To: Huskrrrr
Robert B Reichhhhh is sobbing.

The most overrated midget in history. The guy was wrong on everything but he was a good Clinton butt boy.

36 posted on 05/02/2025 5:54:05 PM PDT by Ditto
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To: packrat35

“NVIDIA is one stock I bought that has done nothing but gone down for the last two months. I am in for the long haul though.”

I bought Nvidia stock in 2019 (sold and repurchased some through the years). I estimate my $1300 purchase is still worth valued at $40,000.


37 posted on 05/02/2025 7:29:43 PM PDT by chrisinoc
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To: AT7Saluki

You mean Trump knows what he is doing? Wow.


38 posted on 05/03/2025 8:06:38 AM PDT by VRW Conspirator ( Now is a loseropen: DOW - Department of Winning)
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To: AT7Saluki

“This has to be killing them to report.”

almost guaranteed that nbc/cbs/abc/cnn/msncb/wapo/nyt/latimes are NOT reporting this, at best maybe a 10 second mention ...


39 posted on 05/03/2025 1:44:18 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: VRW Conspirator
You mean Trump knows what he is doing? Wow.

You mean dropping most of the tariffs for the time being (including some of the ones on China)?

40 posted on 05/03/2025 9:17:52 PM PDT by lasereye
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