U.S. Stock Market Recap – June 6, 2025: S&P 500 Reclaims 6,000 Amid Strong Jobs Data and Tesla Rebound
π Market Overview On Friday, June 6, 2025, U.S. equity markets closed sharply higher, buoyed by a stronger-than-expected May jobs report and a significant rebound in Tesla shares. reuters.com S&P 500 : 6,000.00 (+1.0%) Dow Jones Industrial Average : 42,762.87 (+1.0%) Nasdaq Composite : 19,529.95 (+1.2%) m.economictimes.com ctpost.com The S&P 500 reclaimed the 6,000 mark for the first time since February, while the Dow erased its year-to-date losses. The Nasdaq led gains, driven by a resurgence in tech stocks. investopedia.com marketwatch.com Tesla shares rebounded 7.5% to $306.50, recovering a portion of Thursday's 14% plunge amid the Musk-Trump feud. Investors appeared to shrug off political tensions, focusing instead on the company's fundamentals. π° Key News Highlights May Jobs Report Exceeds Expectations The U.S. economy added 139,000 jobs in May, surpassing forecasts of 125,000. The unemployment rate held steady at 4.2%, and wage growth remained m...