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Stocks Rally On Hot Jobs Data, Defy Interest Rate Fears, Gold Hits New High, Oil Tops $87: What’s Driving Markets Friday?

It’s a day of broad-based rallies on Wall Street, with both stocks and commodities showcasing robust performances in the wake of a hotter-than-expected labor market report, seemingly unfazed by growing fears over delays in the Federal Reserve’s rate cut plans.

BTC

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Historic S&P 500 Rally In Q1 Flashes Bullish Signals For 2024: ‘Only The Ninth Time Since 1940’

The S&P 500 had a 10.6% total return in Q1, following a 22.3% gain since September. This historic streak is driven by strong earnings and economic resilience. Nasdaq predicts continued gains.

AAPL