#MarketRebound

The S&P 500 index recently closed above the 6000 level - for the first time since February - marking a complete recovery from its decline in early April and approaching a bear market.

The gains were primarily driven by a strong jobs report for May (+139 thousand new jobs, with the unemployment rate steady at 4.2%).

2. Technology-led rally and broadening scope

Large-cap technology stocks - the 'Magnificent Seven' (such as Apple, Microsoft, Nvidia, and Meta) - were at the forefront, but recent moves show broader participation across sectors.