The stock market extended its winning streak after a better-than-expected jobs report helped reassure investors that the economy remains resilient. The S&P 500 and Nasdaq have now posted six consecutive weeks of gains, reflecting improving sentiment after a volatile start to the year.
The labor market data was constructive, though not overwhelmingly strong. Employment remains stable, but wage growth continues to lag inflation for many households. That dynamic helps explain why consumers still feel pressure even as headline economic data appears healthy.
For investors, the report was enough to keep the rally intact. However, attention is quickly shifting to other major catalysts, including inflation data, geopolitical developments and upcoming earnings.
After such a powerful rebound, the key question is whether the market can maintain momentum as macro uncertainty remains elevated.