The S&P 500 was up 2.2% after the government said that U.S. employers added 2.5 million workers to their payrolls last month.
While the U.S. waits on word of rate cuts, the global economy is seeing negative interest rates.
It comes as the Chinese yuan dropped to its lowest level against the dollar in a decade.
It's the largest drop since December.
Rhyming poetry can be hard ... with apologies to the Bard.
Levi Strauss & Co. returns to the stock market this week. The 165-year-old company is hoping to sell more than $500 million in shares, which it will invest in broadening product offerings and appealing more to young people.
Some can actually benefit from the chaos.
Hobby investments are a fun alternative to the stock market. But they aren’t immune from the ebbs and flows of the economy.
For years, when stocks were making gains, hedge funds were criticized for their fees and lackluster performance.
Cook also attributes challenges in China to the projected downturn in revenue.