Stocks rallied on Friday amid strong corporate earnings and a better-than-expected jobs report. In April, 177,000 jobs were created versus 138,000 expected and unemployment remained steady at 4.2%.
Equities were further boosted as China said it is evaluating US outreach to begin trade talks, something the country was unwilling to do after initially receiving a 145% tariff on most exports to the US earlier this month.
Gold ticked up today as well, currently up about 1% after plunging over $100 on Thursday.