Wall Street Surges on Striking US Jobs Report

Wall Street Surges on Striking US Jobs Report
Traders wearing masks work on the first day of in-person trading since the closure during the COVID-19 outbreak on the floor at the New York Stock Exchange in New York on May 26, 2020. Brendan McDermid/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

U.S. stocks staged a respectable rally Friday, surging on a surprisingly upbeat May jobs report, while safe havens like bonds and gold gave up gains.

The moves extended a stock recovery that has seen Wall Street claw back many of the deep losses driven by the economic fallout from the pandemic.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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