Amy Morris

Supreme Court to intervene on an emergency basis.

U.S.

employers added more jobs than expected for a second month, and the unemployment rate held steady in April, indicating the labor market is holding up despite rising energy costs.

Nonfarm payrolls rose 115,000 last month after an even bigger surge in March, marking the strongest two-month increase since 2024.

and the first back-to-back gain for the labor market in nearly a year.

White House economic advisor Kevin Hassett.

You can hear more of our interview with National Economic Council Director Kevin Hassett on the Bloomberg Talks podcast.

JPMorgan Asset Management Chief Strategist for the Americas, Gabriela Santos, tells Bloomberg that the labor market is getting a specific boost.

Gabriela Santos with J.P.

Morgan on Bloomberg TV.

Consumer sentiment fell to a fresh record low over concerns about the impact of inflation on personal finances and buying conditions.

The latest University of Michigan sentiment index decreased to 48.2.

down from 49.8 last month.

Survey director Joanne Xu tells Bloomberg a third of consumers surveyed mentioned high gas prices.

Consumers' perceptions of their current financial situation slid to the lowest level since 2009.

Still signs of labor market strength drove stocks toward record highs.

We check those markets for you all day long here at Bloomberg.

The S&P 500 up six-tenths of a percent.

NASDAQ up 1.4 percent.

The Dow is down two-tenths of a percent.