Jobs beat sends S&P to ATH, but is the AI party sustainable?
Man, that jobs report just lit a fire under this market—S&P smashing through to a fresh all-time high at 7,398.93, up almost 0.85%. We were bracing for a soft 200k add, but nope, 275k jobs dropped like a bomb, and suddenly everyone's piling back into risk. Nasdaq's the real star here, ripping 1.71% to 26,247, all thanks to that AI hype refusing to die off. Dow's barely budging at +0.02% to 42,865, probably because folks are side-eyeing the Iran noise for any whiff of de-escalation that could shake things up. Feels like the tape's finally shaking off that late-week hesitation. We're staring down a sixth straight weekly gain for the S&P, alread…