Frankfurt overtaken by Dortmund and watches European dreams fade

DORTMUND, Germany (AP) — Eintracht Frankfurt’s hopes of securing European football next season were dealt a potentially fatal blow when it gave up an early lead and lost at Borussia Dortmund 3-2 in the Bundesliga on Friday.

Young striker Can Uzun silenced the home crowd with less than two minutes gone when he put the visitor ahead after excellent work inside the box from Mahmoud Dahoud.

However, Dortmund scored twice on the eve of halftime to take control.

Serhou Guirassy’s superb finish from a Julian Ryerson cross levelled the score after 42 minutes and Nico Schlotterbeck put Dortmund ahead in first-half stoppage time.

Samuele Inácio made it 3-1 with his first goal for the club, when he volleyed in a cross from Max Beier.

Jonathan Burkardt got one back for Frankfurt three minutes from time but it was too late.

With Bayern Munich already crowned champion and Dortmund having secured one of the four guaranteed Champions League spots, the home side had little to play for.

However, the win guaranteed it second place in the Bundesliga, taking it out of reach of Leipzig.

The result, though, was a sore one for Frankfurt, one of three teams in with a chance of seventh place and the one available Conference League playoff spot.

The loss handed the momentum to Freiburg, which can guarantee seventh with a win at Hamburg on Sunday.

Freiburg has 44 points and Eintracht has 43 having played a game more.

APsoccer: https://apnews.com/hub/soccer

Dortmund's Samuele Inacio, left, and Dortmund's Luca Reggiani celebrate after scoring during the German Bundesliga soccer match between Borussia Dortmund and Eintracht Frankfurt in Dortmund, Germany, Friday, May 8, 2026. (AP Photo/Martin Meissner)

Dortmund's Samuele Inacio scores during the German Bundesliga soccer match between Borussia Dortmund and Eintracht Frankfurt in Dortmund, Germany, Friday, May 8, 2026. (AP Photo/Martin Meissner)

Frankfurt's Jonathan Burkardt scores during the German Bundesliga soccer match between Borussia Dortmund and Eintracht Frankfurt in Dortmund, Germany, Friday, May 8, 2026. (AP Photo/Martin Meissner)

Borussia Dortmund's Nico Schlotterbeck celebrates scoring a goal during a Bundesliga soccer match between Borussia Dortmund and Eintracht Frankfurt, Friday, May 8, 2026, in Dortmund, Germany. (Bernd Thissen/dpa via AP)

NEW YORK (AP) — The U.S. stock market rose to records Friday following the latest sign that the nation’s job market is doing better than economists expected.

The S&P 500 climbed 0.8% to an all-time high after a report said U.S. employers added 115,000 more jobs than they cut last month, even though the war with Iran is raising fuel costs and uncertainty for everyone. The Dow Jones Industrial Average edged up by 12 points, or less than 0.1%, and the Nasdaq composite rallied 1.7% to its own record.

While hiring slowed from March’s level, it was still nearly double what economists expected. And it helped the S&P 500 close out a sixth straight winning week, its longest such streak since 2024. The U.S. stock market has been blasting higher since late March, in part on hopes that the war will not mean a worst-case scenario for the global economy and that the Strait of Hormuz will reopen to allow oil tankers to deliver crude from the Persian Gulf again.

It’s still to be determined if those hopes are warranted or just wishful. U.S. forces fired on and disabled two Iranian oil tankers on Friday after exchanging fire with Iranian forces in the Strait of Hormuz overnight. It’s the latest flare-up in fighting to raise doubts about the tenuous month-old ceasefire that the United States has insisted is still in effect.

The price for a barrel of Brent crude oil rose 1.2% to settle at $101.29 following the latest volleys of fire. That’s below its heights above $119 during the war, but it’s still much more expensive than its roughly $70 level from late February before the fighting began.

One big factor helping to support the U.S. stock market despite the war’s uncertainties is the strong profits that companies have been reporting for the start of 2026.

Monster Beverage jumped 13.6% after the energy drink maker joined the parade of companies topping analysts’ expectations for profit and revenue for the latest quarter. It benefited from strong growth outside the United States, and total net sales from there made up about 45% of its total, the highest percentage ever for the company.

Akamai Technologies leaped even more, 26.6%, after its results squeaked past expectations. It announced a $1.8 billion deal to provide cloud infrastructure services to an unnamed client over seven years. The cybersecurity and cloud computing company is benefiting from the surge in investment in artificial-intelligence technology.

Voracious demand for AI helped CoreWeave report revenue for the latest quarter that was more than double what it was a year earlier, but its net loss was worse than analysts expected. It also gave a forecasted range for revenue in the current quarter whose midpoint fell below analysts’ expectations. The stock of the company, which offers AI computing power to customers over the cloud, fell 11.4%.

All told, the S&P 500 rose 61.82 points to 7,398.93. The Dow Jones Industrial Average added 12.19 to 49,609.16, and the Nasdaq composite climbed 440.88 to 26,247.08.

In stock markets abroad, indexes fell across much of Europe and Asia. Germany’s DAX lost 1.3%, and Hong Kong’s Hang Seng dropped 0.9% for two of the bigger losses.

South Korea’s Kospi was an exception, and it inched up 0.1% to another all-time high.

In the bond market, Treasury yields eased and remained lower after a preliminary report suggested sentiment among U.S. consumers is stuck near its lowest level since 2022. Consumers told the survey from the University of Michigan they’re concerned about both high gasoline prices and tariffs, though their expectations for inflation in the coming year softened by a bit.

The yield on the 10-year Treasury fell to 4.36% from 4.41% late Thursday and from 4.45% early this week.

Lower yields can bring down rates for mortgages and other kinds of loans going to U.S. households and businesses, which in turn can give the economy a boost. Lower yields also tend to push upward on prices for stocks and other kinds of investments.

The 10-year Treasury yield, though, remains well above its 3.97% level from just before the war.

AP Business Writers Chan Ho-him and Matt Ott contributed to this report.

Options trader Justin Kanda works on the floor of the New York Stock Exchange, Thursday, May 7, 2026. (AP Photo/Richard Drew)

A dealer walks past near the screen showing the Korea Composite Stock Price Index (KOSPI) and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 8, 2026. (AP Photo/Lee Jin-man)

The screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won are displayed at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 8, 2026. (AP Photo/Lee Jin-man)

A dealer walks past near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 8, 2026. (AP Photo/Lee Jin-man)

A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 8, 2026. (AP Photo/Lee Jin-man)

A dealer watches computer monitors at a dealing room of Hana Bank in Seoul, South Korea, Friday, May 8, 2026. (AP Photo/Lee Jin-man)