Yahoo Finance Live: Dow, S&P 500, Nasdaq rise on strong jobs report, US-Iran flare-up

Daily Market Coverage May 8, 2026 9AM-11AM (ET) | Yahoo Finance

Markets turned their attention toward the April jobs report, which showed the US economy added 115,000 jobs, while the unemployment rate held steady at 4.3%. Economists surveyed by Bloomberg estimated median job growth of 65,000 and a 4.3% unemployment rate.

The jobs report was largely seen as overshadowed by geopolitical events, however. Crude prices moved higher in after-hours trading after military clashes erupted near the Strait of Hormuz. US benchmark West Texas Intermediate (CL=F) crude rose 0.4% after both the US and Iran accused one another of initiating attacks in the region.
==
— Facebook: https://www.facebook.com/yahoofinance
— X/Twitter: https://x.com/YahooFinance
— Instagram: https://www.instagram.com/yahoofinance/
— TikTok: https://www.tiktok.com/@yahoofinance
— LinkedIn: https://www.linkedin.com/company/yahoo-finance

See the Latest News & Data:
https://finance.yahoo.com/

Share on: