Empire Petroleum Corporation shares rise 4.51% intraday as Wall Street indexes notch record high closes.

Empire Petroleum Corporation rose 4.51% intraday, with the broader market rallying as Wall Street's main indexes scored record high closes. The S&P 500, Nasdaq, and Dow Jones Industrial Average each ended with fresh all-time highs, extending a rally fueled by excitement about artificial intelligence and expectations of lower borrowing costs. The U.S. economy likely created 911,000 fewer jobs in the 12 months through March than previously estimated, suggesting that job growth was already stalling before President Donald Trump launched his global tariffs.