Despite negative trade headlines that rattled investors early last week, U.S. stocks recovered late in the week due to a robust jobs report that came in well ahead of expectations and indicated a firm footing for the U.S. economy.

U.S. equities closed out November on a positive note last week despite some concerns that U.S. support for Hong Kong’s anti-Beijing protesters could negatively impact trade negotiations between the U.S. and China.

U.S. stock indexes finished slightly lower last week, snapping a six-week streak of consecutive gains, amid a lack of any notable directional drivers.

U.S. equities moved broadly higher for the sixth consecutive week, the longest positive streak in about 2 years, according to FactSet.

U.S. equities continued to surge higher this past week as investors shifted out of safe haven assets like U.S. Treasury bonds in favor of riskier assets driven by optimism on trade negotiations between the U.S. and China and receding fears of a near-term economic recession.