On May 2, 2025, the U.S. stock markets posted impressive gains following the release of a robust April jobs report and hopeful developments in global diplomacy. The S&P 500 surged for the ninth consecutive trading session, marking its longest winning streak since 2004. The strong employment numbers exceeded expectations, reinforcing investor confidence in the resilience of the American economy despite political uncertainties and looming interest rate questions.

Adding to the positive sentiment was news from Beijing suggesting that China is open to resuming stalled trade negotiations with the United States. Investors welcomed this development, interpreting it as a potential thaw in tense U.S.-China relations that have impacted global markets over the past several years. Technology, manufacturing, and logistics sectors led the rally, anticipating improved supply chain cooperation if talks progress.