Wall Street gained ground Friday following a solid jobs report and marked another winning week.
NEW YORK (AP) — Stocks gained ground on Wall Street Friday following a better-than-expected report on the U.S. job market.
The gains were broad, with every sector in the S&P 500 rising. That solidified a second consecutive winning week for the benchmark index, which has rallied back from a slump two months ago to come within striking distance of its record high.
The S&P 500 rose 61.06 points, or 1%, to 6,000.36. It is now within 2.3% of its record.
The Dow Jones Industrial Average rose 443.13 points, or 1%, to 42,762.87. The Nasdaq rose 231.50 points, or 1.2%, to 19,529.95.
Technology stocks, with their outsized values, led the broad gains. Chipmaker Nvidia jumped 1.2% and iPhone maker Apple rose 1.6%.
Tesla rose 3.7%, regaining some of the big losses it suffered on Thursday when Trump and Musk sparred feverishly on social media.
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