Jobs report lift, Tesla stock rebounds, Lululemon sinks

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Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute, including Tesla's (TSLA) rebound this morning after erasing $153 billion in market value due to CEO Elon Musk's feud with President Trump and Lululemon Athletica (LULU) cutting its full-year forecast over tariff pressures.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

00:00:01 Speaker A

Time for Yahoo! Finance's market minute. Stocks are jumping, the S&P 500 breaking above the 6,000 level for the first time since February on the back of that stronger than expected May jobs report. President Trump taking a Truth Social to celebrate the data and call for the Fed to cut rates saying, quote, "Go for a full point." Plus, Tesla is rebounding from Thursday's slump as investors hope for a cooldown in the feud between Trump and CEO Elon Musk. The the online dust-up initially leading to a more than $150 billion wipeout of Tesla's value. And Lululemon shares sinking after the retailer cut its full year profit guidance citing higher tariff-related costs as well as increased markdowns. Number of analysts slashing their price targets on the stock while maintaining their ratings including BMO Capital, Needham and TD Cowen. That's your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance, you can scan the QR code below to track the best and worst performing stocks of this session.