Wall Street rose sharply to add to an already strong November, which is on track to be one of the market’s best months of the year. The S&P 500 jumped 1.6% Friday in a widespread rally that lifted everything from Big Tech behemoths to the smallest, money-losing companies.

The Dow gained 391 points, and the Nasdaq rose 2%. Stocks climbed as markets recovered from the prior day’s slump, triggered in part by worries about additional hikes to interest rates by the Federal Reserve. Bets diminished for a December hike by the Fed, even though a report in the morning showed inflation expectations on the rise.

Tesla faces strikes in Sweden unless it signs a collective bargaining agreement

Pressure is growing on Tesla in Sweden, where a trade union is demanding that the Texas-based automaker sign a collective bargaining agreement, which most employees in the Scandinavian country have.

Tesla has no manufacturing plant in Sweden, but 130 members of the powerful metalworkers’ union IF Metall walked out on Oct. 27 at seven workshops across the country where its popular electric cars are serviced.

Other trade unions joined in solidarity, including dockworkers at Sweden’s four largest ports who decided Tuesday to stop the delivery of Tesla vehicles to increase pressure on the automaker to accept the metal workers’ demands.

Sweden’s former Social Democratic prime minister, Stefan Löfven, who once headed IF Metall, also encouraged Swedes to suspend purchases of Teslas until an agreement is signed.

”Shame on you, Tesla, shame on you,” Löfven wrote on Facebook on Oct. 26.

Tesla, which is non-unionized globally, did not immediately respond to a request for comment.