Wall Street's main indexes rose at the close on Friday, recovering from a sell-off in the previous session, after strong earnings reports from Amazon.com Inc. offset a sharp drop in U.S. job growth in October.
Amazon.com Inc. shares rose after the company reported strong earnings Thursday, sending its profits above Wall Street estimates.
On the other hand, Apple's stock fell as investors worried about the company's sales decline in China during the last quarter.
Meta Platforms Inc. and Microsoft Corp., also among the so-called Big Seven companies, issued earnings reports earlier in the week and warned of rising AI-related infrastructure costs, sending the Nasdaq Composite Index lower in the previous session.
During Friday's session, the Standard & Poor's 500 index rose 0.41 percent to end trading at 5,728.80 points. The Nasdaq Composite index rose 0.8 percent to 18,239.92 points.
The Dow Jones Industrial Average rose 0.7 percent to 42,052.19 points.
On a weekly basis, the three indices suffered losses, as the Standard & Poor's 500 index fell by about 1.4 percent, the Nasdaq Composite index fell by 1.5 percent, and the Dow Jones Industrial Average fell by 0.15 percent.
