The latest data from the United States revealed a robust performance in April's non-farm payrolls, resulting in significant gains for major stock indices. The S&P 500 increased by 1.47%, marking nine consecutive days of gains. Similarly, both the Dow Jones and Nasdaq witnessed gains exceeding 1%. President Trump expressed his satisfaction on social media, praising the economy and urging the Federal Reserve to consider rate cuts.

Trump highlighted that falling prices for oil, food, and loan rates indicate a lack of inflation, while the newly released data shows an addition of 177,000 jobs in April, surpassing the expected 135,000. The unemployment rate remains stable at 4.2%.

CNN reporter Matt Egan pointed out that this steady job growth underscores the strength of the labor market. While some on Wall Street anticipate a historically strong economic outlook, Trump indicated that concerns over short-term recession should not be overstated.

As the Federal Reserve meeting approaches, the prevailing expectation is for interest rates to remain unchanged due to the labor market's situation not warranting immediate cuts. U.S. Labor Secretary Javier Ramirez described the jobs report as positive.

However, economic worries persist, particularly regarding domestic demand and consumer behavior, with scholars expressing concerns about rising prices and increased consumer debt.