The US jobs market just pulled off another surprise — Wall Street took notice.  

Employers added 177,000 jobs in April, blowing past analyst predictions of 135,000. 

Stocks loved the news, erasing nearly all of the steep losses incurred after Trump's 'liberation day' Rose Garden speech. 

President Donald Trump wasted no time taking credit, saying his policies were 'just getting started' in a Truth Social post. 

'This is the second month in a row where the jobs report has beat expectations,' Karoline Leavitt, the White House press secretary, said. 

'Wages are continuing to rise and labor force participation is increasing. This is exactly what we want to see. More Americans working for higher wages. More winning is on the way.'

The unemployment rate held steady at 4.2 percent, easing fears that tariffs and sweeping federal job cuts had already begun to erode the workforce. 

It's the second month in a row that job growth has outpaced predictions: payrolls initially increased by 228,000 in March (it was eventually revised down to 185,000). 

US stock index futures extended gains after the stronger-than-expected jobs report calmed worries over the health of the labor market amid tensions of a global trade war.

At 8.30am ET, futures for the Dow Jones were up 299 points, or 0.73 percent, for the S&P 500 were up 42.25 points, or 0.75 oercent, and for the Nasdaq were up 139.5 points, or 0.70 percent. 

'There are fears that falling consumer confidence and the volatile trade policies from the Administration could ultimately weigh on retail sales and the labor market,' Bret Kenwell, the US investment and options analyst at eToro told DailyMail.com. 

'Although consumers have been shifting how they spend their money, they're still spending, and that can keep powering the US economy forward.' 

Before the strong jobs report, the stock market had been on a (largely downward) rollercoaster after President Donald Trump launched larger-than-expected tariffs on imported goods. 

The policy announcement wiped trillions off the stock market, giving President Trump the worst first 100-day Wall Street performance since the 1970s. 

April's report, and the subsequent stock rise gave the President a single-day reprieve from the fluttering market news.