The Globe and Mail reports in its Monday edition that a fresh look at the U.S. labour market in the coming week along with quarterly results from semiconductor company Broadcom will test a market rally that has lifted stocks near record highs. A Reuters dispatch to The Globe says the S&P 500 posted a weekly gain, putting the benchmark index about 1 per cent away from its Aug. 13 all-time high. A blowout quarterly report on Wednesday from artificial-intelligence bellwether Nvidia boosted sentiment for stocks, which had been dented earlier in the month by rising Treasury yields. Investors were focused on the monthly U.S. employment report, due on Sept. 4, and on whether the jobs data would offer hints about the U.S. Federal Reserve's plans for interest rates in coming months. With August coming to a close, the S&P 500 was up more than 12 per cent for the year. Strong corporate profit growth driven by massive spending on the AI infrastructure buildout is fuelling the nearly four-year-old bull run in U.S. equities. Markets have been relatively calm as summer ends in the U.S. The Cboe Volatility Index hovered near its low point for the year, and daily market trading volume this week was well below its 2026 average.