The Globe and Mail reports in its Saturday, May 3, edition that Wall Street extended its gains for a ninth straight day on Friday, marking its longest winning streak since 2004 and recovering from losses linked to President Donald Trump's trade war with China. Dispatches from the Associated Press and Reuters to The Globe report that a better-than-expected U.S. job market report and optimism about easing trade tensions fuelled the rally. The S&P 500 rose 1.5 per cent, the Dow Jones added 1.4 per cent, the Nasdaq gained 1.5 per cent and Canada's S&P/TSX Composite Index increased by 1 per cent. The gains were broad in the U.S. About 90 per cent of stocks and every sector in the S&P 500 advanced. Technology stocks were among the companies doing the heaviest lifting. Microsoft rose 2.3 per cent and Nvidia rose 2.5 per cent. Apple, however, fell 3.7 per cent after the iPhone maker estimated that tariffs will cost it $900-million (U.S.). Employers added 177,000 jobs in April, showing a slowdown from March but better than expected. The job figures do not yet reflect the impact of Mr. Trump's tariffs on trading partners, as many tariffs set for April were delayed, except for those against China.