Boosted by the non-farm payroll data, the US stock market is poised to erase the "tariff plunge" since April 2nd.

The US stock market rose on Friday, with the S&P 500 index on track for its ninth consecutive day of gains, erasing the losses that occurred after Trump announced tariffs last month. The US added 177,000 jobs in April, higher than expected, and the unemployment rate remained at 4.2%, demonstrating that the economy, despite the trade pressures, is resilient. The market has moved past the tariff trauma, and investors are trying to navigate the chaos, believing that they can handle the pain and overcome policy uncertainty even without specific details.