Is the surge in commodities prices more of an inflation concern, which would lead the Federal Reserve to raise interest rates later this year, or is it more of a growth concern, leading cash-strapped consumers to further cut back on spending and pressure the ailing U. A stronger-than-expected jobs report meanwhile could go a long way in assuaging the market’s fears over whether consumers will be able to continue absorbing prices at the pump, which could prevent the economy — and future corporate profits - from tanking anytime soon. Thursday’s action aside, the market’s two-and-half-month-long recovery seemed to hit a wall in the final weeks of May, just as crude oil prices surged to a record high above $135 a barrel and food prices continued to surge. Jobs report may make or break stocks rally - MarketWatch Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . read more