Stocks rose Friday as investors assessed a new quarter of trading and a troublesome bond market recession indicator
The Dow Jones Industrials gained 111.63 points at the outset to 34,789.98
The S&P 500 regained 13.21 points to 4,543.62.
The NASDAQ Composite picked up 46.21 points to 14,269.29.
Wall Street is fresh off its first negative quarter in two years, but there were positive signs for investors on Friday. Beaten-down tech stocks were pushing higher in early trading, with chipmaker AMD and streaming company Roku each rising more than 1%. Shares of Twitter rose more than 2%.
Investors were also digesting the official jobs report for March, which showed the U.S. economy adding 431,000 jobs. The result was below the composite estimate of 490,000 but above some of the lower end estimates.
U.S.-listed Chinese stocks jumped on Friday after a report that China was considering sharing company audits with foreign regulators. The so-called meme stocks also advanced, with Gamestop jumping 9% after announcing a plan to split its stock.
Other key economic indicators to watch out for include the Institute for Supply Management manufacturing index and the construction spending report, both of which will be released at 10 a.m. ET on Friday.
Treasury prices flopped Friday, with yields leaping to 2.45%, from Thursday's 2.33%. Treasury prices and yields move in opposite directions.
Oil prices dropped $1.29 to $98.99 U.S. a barrel.
Gold prices removed $23.60 to $1,930.40 U.S. an ounce.