Markets × Macro × Rising
S&P 500, Nasdaq, KOSPI all hit new records
Friday's payroll beat sent all three major indices to record closes: S&P 500 up 0.84% to 7,398.93; Nasdaq up 1.71% to 26,247.08; KOSPI up 0.11% to 7,498.00. April non-farm employment surged to 115,000, doubling the 55,000 consensus, driven further by Datadog's 31% leap and Palantir's earnings surprise. A Bank of Korea official signaled May 4 it was 'time to consider rate hike,' making incoming Governor Shin Hyun-song's first meeting on May 28 a potential inflection point.
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