S&P 500 rises on strong jobs data, possible easing of China tensions

• Dow Jones rises on better-than-expected jobs data
• US-China tensions may cool after talks signaled
• Jobs report boosts stocks and crypto markets

Futures on major US stock exchanges rose on Friday morning (2), driven by solid labor market data and signs of a possible easing of trade relations between Washington and Beijing. The positive movement comes after quarterly earnings from Apple and Amazon highlighted the costs related to recently imposed tariffs.

Dow Jones futures rose 0,8%, signaling a nine-day streak of gains. SP 500 futures rose 0,9%, while the tech-heavy Nasdaq 100 rose 0,8%.

The U.S. employment report for April showed 177 new jobs were created in the nonfarm sector, beating market expectations of 138 new jobs. The unemployment rate remained at 4,2 percent, suggesting stability even after the initial impact of the reciprocal tariffs announced by President Donald Trump on so-called “Liberation Day.”

On the same day, China's Commerce Ministry said it was reviewing recent proposals from US officials as part of a possible resumption of formal negotiations. According to the official statement, "the door is open" as long as the US withdraws the tariffs applied in a reciprocal manner.

In addition to the employment figures, average hourly wages rose 0,2% in April compared to March, and 3,8% compared to the same period last year. Although lower than expected — analysts had projected a monthly increase of 0,3% and an annual increase of 3,9% — the data reinforce the idea that the labor market is still buoyant.

At the time of publication, the price of Bitcoin was quoted at US$97.096,16, up 1% in the last 24 hours.