S&P 500 and Nasdaq Hit Record Highs on Strong Jobs Report; European Stocks Fall — US & Europe Markets May 8, 2026
Wall Street ended May 8 at fresh record highs after 115,000 April jobs were added. S&P +0.84%, Nasdaq +1.71%. European stocks fell sharply — DAX -1.32%, CAC -1.09% — as higher Treasury yields and Fed rate-cut delays weighed on EU equities.