Market Domination anchors Julie Hyman and Josh Lipton break down the latest market moves for May 2, 2025.
Stocks closed higher on a better-than-estimated April jobs report and possible China trade talk optimism. The S&P 500 notched its 9th straight day of wins, which is the longest winning streak in 20 years.
Also, the April jobs report has likely given the Fed more breathing room in terms of interest cuts in the near future. One strategist discusses why fixed income should be part of investors’ portfolios as a safe haven play amid market volatility and uncertainty.
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