US Market Reacts to Job Growth, Tesla Shares Rebound

Edited by: Olga Sukhina

New York, June 6, 2024 - US stock indexes rose at the start of trading today.

The Dow Jones Industrial Average increased by 1.27%, the S&P 500 by 1.15%, and the Nasdaq by 1.28%.

Investors reacted positively to the news that employers added 139,000 jobs in May, exceeding expectations.

Tesla shares rose over 3% after falling 14% on Thursday. The market value of the electric vehicle manufacturer decreased by $152 billion, to about $916 billion.

European markets also saw gains. The Eurostoxx 50 was up 0.40%, the DAX gained 0.03%, the FTSE 100 rose 0.41%, and the CAC 40 increased by 0.26%.

Sources

  • Gorenjski Glas

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