Despite the worst civil unrest our country has seen in decades, stocks ended last week notably higher. The Dow gained 6.9%, the S&P 500 rose 5.0%, and the Nasdaq posted a 3.4% weekly gain. Labor market data surprised to the upside and investors seemed to celebrate the beginning of an economic recovery. On Friday, the Labor Department reported the US had actually added 2.5 million jobs in May—a stunning gain since most economists expected a loss of around 8 million jobs. The unemployment rate also unexpectedly fell from 14.7% to 13.3%, compared with expectations of a gain to 20%. Other positive contributors included economic data on construction, nonfarm productivity and service sector activity that were all less bad than expected and trade tensions between the US and China seemed to fade a bit last week.