Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. U.S. stocks surged Friday following better-than-expected labor data. Nonfarm payrolls rose 139,000 in May, above the Dow Jones estimate of 125,000. The S & P 500 jumped more than 1% in early trading as a result, reaching levels not seen since late February. It's great news, given U.S. corporations have been bracing against the impact of tariffs and the potential of a weakening economy. "Sometimes you get an employment number that really threads the needle," Jim said. The Friday rally follows a late Thursday session sell-off due to a public feud between President Donald Trump and Tesla CEO Elon Musk. The plunge in the EV maker's shares broug

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