US stock markets rally; S&P 500 sees best day since 2022

NEW YORK - U.S. stocks rallied Thursday in Wall Street's latest sharp swerve after a better-than-expected report on unemployment eased worries about a slowing economy.

The S&P 500 jumped 2.3% for its best day since 2022 and shaved off all but 0.5% of its loss from what was a brutal start to the week. The Dow Jones Industrial Average rose 683 points, or 1.8%, and the Nasdaq composite climbed 2.9% as Nvidia and oth