Market Report - US Close

US close: S&P 500, Nasdaq hit new records after jobs report

By Benjamin Chiou

Date: Friday 08 May 2026

(Sharecast News) - Stronger-than-expected jobs data and strong gains in the chip sector pushed the S&P 500 and Nasdaq to more record highs on Friday, with investors seemingly shrugging off ongoing uncertainty in the Middle East.
The Dow finished flat, rising just 0.02% to 49,609.16, but the S&P 500 jumped 0.84%...

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