Stocks rose on Friday after a slightly better-than-expected jobs report soothed nerves about how the US economy has been holding up during the early stages of President Donald Trump’s tariff regime.

Wall Street is pointed toward small gains early Friday ahead of the government's May jobs report, which should at least briefly take the spotlight off the feud between President Donald Trump and Elon Musk that erupted publicly this week.

Donald Trump’s inconsistent tariff policies have drawn criticism and mockery from Wall Street, with financial experts coining the term “TACO Trade” to describe his tendency to threaten tariffs and then back down.