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War optimism, the jobs report and gains for tech would all be drivers on Friday as the S&P and Nasdaq scored more record high closings. The Dow gained as well to secure a winning week across the board.
New developments in the war with Iran, both in the Middle East and back here at home, continue to come out rapidly. For the very latest news on the conflict, and the impacts, updates can be found here.
The jobs report for April got some of the credit for Wall Street big surge on Friday. Last month's new hires of 115,000 were nearly double most estimates, while the unemployment rate would hold at 4.3%.
Wins across tech's semiconductor sector were another driver for the markets. The biggest winners of all, chipmakers in the sector. In this report, what's fueling their huge climbs, and what could come next.
While the markets may still be churning despite the war, the public's feelings are still sinking. The initial sentiment survey for May hit a new record low as inflation fallout from the war keeps hitting home.
The incoming week will be packed again with news beyond the war. Mr. Trump is heading to China, the new Fed chairman will likely win approval, and new reports on inflation and retail sales are due out.
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