US stocks rise toward record highs as strong jobs data boosts investor confidence

Wall Street stocks surged on Friday, with the S&P 500 and Nasdaq nearing record highs, buoyed by stronger-than-expected US jobs data. Despite ongoing Middle East tensions and oil price concerns, positive corporate earnings from companies like Monster Beverage and Akamai Technologies also fueled the rally, indicating economic resilience.

By TOI BUSINESS DESK