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US stock indices closed at record highs following the release of April non-farm payrolls (NFP) data, which showed the economy added 115,000 jobs. The Nasdaq Composite reached a new all-time high, marking its best six-week winning streak since 2009. The market rally also included gains for the Dow Jones Industrial Average during Friday's trading, while the S&P 500 recorded its sixth consecutive weekly advance. A continued surge in semiconductor shares, supported by the partnership between NVDA and IREN, acted as a primary catalyst for these historic levels. On the geopolitical front, President Trump maintained that the ceasefire with Iran remains intact despite reports regarding the Ocean Koi tanker. Investors are now assessing these record-breaking closes and labor market data to gauge the Federal Reserve's next steps regarding interest rates.
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