Global stocks climbed to a record for a second straight session on Thursday and the dollar rallied after a stronger than expected U.S. payrolls report indicated the labor market may not be deteriorating rapidly.

U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days.

U.S. stock indexes are drifting higher on Wednesday, ahead of a highly anticipated report about how the U.S. job market is holding up amid uncertainty about President Donald Trump’s tariffs. The S&P 500 was up 0.

The S&P 500 rose to a record for the seventh time this year, while the Nasdaq also ended the shortened week at an all-time high.

U.S. stocks are drifting on Wednesday, as Wall Street’s record-breaking rally slows ahead of a highly anticipated report coming Thursday about the U.S. economy. The S&P 500 was edging down by 0.1% in early trading,