Stock market today: Dow, S&P 500, Nasdaq recover as China hits back on tariffs, traders assess new jobs data

The ongoing US-China trade tensions could create volatility in the market, but the positive response of US stocks today suggests that investors may be optimistic about potential diplomatic resolutions. Alphabet's strength in the cloud and advertising may buffer it against some negative tariffs, making it an attractive investment. Moreover, Spotify's recent earnings indicate strong performance and growth, further reinforcing its stock appeal.

Given the cautious sentiment regarding trade tensions and the slow labor market indicated by the job openings report, PepsiCo's lackluster guidance might pressure its stock. The negative outlook on the consumer's spending ability, especially among low-income individuals, suggests a downturn for its stock.

Promising quarterly results and increased profitability are likely to continue fueling optimism in Spotify's stock performance, thus suggesting a sustained upward trajectory following their significant pre-market jump.

As Palantir shows impressive revenue numbers and aligns well with current governmental priorities, its projected growth presents a strong scenario for investment amidst these economic dynamics. Its high pre-market surge suggests continued interest from investors.