Markets News, May 2, 2025: Stocks Erase April's Losses on Strong Jobs Report, Hope for China Tariff Talks; S&P 500 Has Longest Winning Streak Since 2004

Stocks finished sharply higher Friday, with the S&P 500 notching its longest winning streak since 2004, as investors reacted to strong monthly employment data and news that China is evaluating the possibility of trade talks with the U.S. The S&P 500 and tech-heavy Nasdaq Composite each rose 1.5%.…