The prospect of the S&P 500 reaching 6,000 was closely linked to the expectation the Fed would continue cutting interest rates well into 2025, which didn't materialize as expected.

Investors are cheering signs of a potential truce in the acrimonious feud between President Trump and Elon Musk, and a monthly jobs report which topped estimates.

The benchmark S&P 500 added +1% to end at 6,000.36 points, its first close above that mark since February 21. Meanwhile, the tech-focused Nasdaq Composite ended +1.2%, and the Dow finished +1.1%.

The S&P 500 surpassed the 6,000-point mark on Friday, extending a rally for stocks that's been fueled by optimism about strong corporate earnings and economic data, as investors await further ...

The S&P 500 SPX ended Friday at 6,000.36, after a gain of 1%. That leaves it just 2.3% below its record finish of 6,144.15 set on Feb. 19 and marks the first close above 6,000 since Feb. 21.

The Dow, S&P 500 and Nasdaq are coming off of back-to-back weeks of gains. The US stock market has steadily rallied in the last two months as Trump has softened his initial plan for sweeping tariffs.

The S&P 500 climbs back to 6,000 despite tariffs and bond-market angst By Joy Wiltermuth Last Updated: June 6, 2025, 9:43 a.m. ET First Published: June 4, 2025, 4:57 p.m. ET Share Resize Listen (1 ...

The S&P 500 gained 1% on Friday, closing above the 6,000-point level for the first time since February. The Dow was up 1.1%, while the Nasdaq jumped 1.2%.

That's been credited with helping the S&P 500's more than 1,000-point climb back from its 4,982.77 April 8 closing low, according to Dow Jones Market Data. Yet a firm grip on the 6,000 level could ...

Wall Street's major averages on Friday took home gains, with the S&P 500 reclaiming the 6,000 level for the first time since late February. Sentiment was boosted by a strong May jobs report. The ...