US equities (^GSPC, ^DJI, ^IXIC) closed Thursday higher after a sluggish April session. The S&P 500 managed to end the day higher for the first time in three sessions. The market is seemingly pricing in Federal Reserve Chair Jerome Powell's comments over the improbability of rate hikes. Yahoo Finance Markets Reporter Josh Schafer joins Market Domination Overtime to discuss the top takeaways for the trading day on May 2. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Stocks soared after April's jobs data was not as strong as expected. Apple rocketed after big buyback plans while Warren Buffett's Berkshire Hathaway heads into earnings.
Stock Market Today: The Dow Jones Industrial Average rallied 500 points Friday on a weak April jobs report. Apple stock surged on buyback news.