04:08 PM EDT, 06/06/2025 (MT Newswires) -- US benchmark equity indexes ended higher Friday after official data showed the economy added more jobs than estimated in May.

* Nonfarm payrolls in the US rose by 139,000 last month, the Bureau of Labor Statistics reported. The consensus was for a 126,000 increase, according to a survey compiled by Bloomberg. The unemployment rate was steady at 4.2% in May, in line with the market view.

* "Nonfarm payrolls remained resilient last month despite heightened trade policy uncertainty," TD Economics said. "Heightened uncertainty surrounding trade and fiscal policy alongside still-elevated inflation has left policymakers in no rush to cut rates."

* In a social media post, President Donald Trump urged the Federal Reserve to lower interest rates. Trump said there is "virtually no inflation," and if inflation returns, the Fed can raise rates.

*July West Texas Intermediate crude oil closed up $1.30 to settle at $64.67 per barrel, while August Brent crude, the global benchmark, was last seen up $1.20 to $66.54 on economic optimism after the US jobs data.

* Tesla (TSLA) shares rose 3.7% on Friday. The stock slumped 14% on Thursday amid the escalating feud between Elon Musk and Trump over the president's proposed tax bill, which includes cuts to EV incentives.

* Tesla shares were "way oversold," Wedbush Securities said in a note. "This spat between Trump and Musk does not change our firmly bullish view of the autonomous future looking ahead that we value at $1 trillion alone for Tesla."

* Lululemon athletica (LULU) shares tumbled 20%, a day after the athletic apparel and footwear company slashed its full-year earnings outlook despite reporting fiscal Q1 results above market estimates.