U.S. equities climbed higher this past week as a stronger than anticipated jobs report and second quarter corporate earnings beats outweighed concerns of Congressional gridlock in extending fiscal stimulus provisions. For the week, the S&P 500 and Nasdaq each gained 2.5% while the Dow Jones surged 3.8%.

U.S. equities finished out a choppy week of trading slightly lower as investors grappled with moderating economic momentum amid the resurgence of social distancing restrictions to rein in the rise in coronavirus cases.

U.S. equities broadly edged higher last week as investors digested the initial round of second quarter corporate earnings announcements.

As coronavirus infections surge in the U.S., fears are rising that the momentum of the nascent economic recovery may be stalling after a sharp initial rebound in May and June.

U.S. equities surged higher last week, closing out one of the strongest market quarters in decades, as U.S. employment data continued to show swift progress in the recovery of the labor market through June.