The Dow Jones Industrial Average increased 139.92 points, or 0.40 percent, to 34,818.27. The S&P 500 rose 15.45 points, or 0.34 percent, to 4,545.86. The Nasdaq Composite Index was up 40.98 points, or 0.29 percent, to 14,261.50.
Eight of the 11 primary S&P 500 sectors ended in green, with real estate up 2.02 percent, leading the gainers. Industrials slipped 0.7 percent, the worst-performing group.
U.S.-listed Chinese companies traded higher with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.
U.S. employers added 431,000 jobs in March as the Omicron-fuelled COVID-19 surge faded, with the unemployment rate dropping to 3.6 percent, the U.S. Labor Department reported on Friday. Economists polled by The Wall Street Journal had forecast 490,000 new jobs.
Elsewhere, the Institute for Supply Management said U.S. Manufacturing PMI (Purchasing Managers' Index) slipped to 57.1 percent in March from the February reading of 58.6 percent. The result was lower than market estimates. A PMI reading over 50 percent indicates expansion of the sector, while a reading below 50 percent suggests contraction.
For the week, the Dow slid 0.1 percent, while the S&P 500 and the tech-heavy Nasdaq advanced 0.1 percent and 0.7 percent, respectively.
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