US STOCKS-Nasdaq hits record high after softer jobs data tempers rate-hike bets

What this means for your job search: The strong performance of tech stocks, particularly in semiconductors and major companies, indicates a healthy hiring market. Prioritize roles in these growing sectors as companies are actively expanding their teams. US stocks rose on Friday pushing the Nasdaq Composite to a record high after weaker-than-expected jobs data further reduced odds of a near-term rate hike while lower oil prices added to the risk-on mood Semiconductor stocks and megacaps led the gains Nvidia touched intraday record high up 19 while the Philadelphia chip index firmed 3 Among other heavyweights Musk-led SpaceX added 62 Tesla gained 55 while Oracle rose 24