Stocks rose on Friday after a better-than-expected U.S. jobs report assuaged fears that the economy was slowing down, lifting investor sentiment.
The Dow Jones Industrial Average started positive 39.17 points Friday to 26,423.80, led by Goldman Sachs and Nike.
The S&P 500 gained 10.47 points at 2,889.86, as the energy and consumer discretionary sectors outperformed.
The NASDAQ Composite recovered 39.33 points to 7,931.12
Those gains come as investors brace themselves for the upcoming earnings season, which is set to start next week with J.P. Morgan Chase and Wells Fargo among the companies set to report.
The U.S. economy added 196,000 jobs in March, according to data released by the Bureau of Labor Statistics. Economists polled by Dow Jones expected a print of 175,000. However, wage growth expanded 3.2%, below an expected gain of 3.4%.
Wall Street was looking forward to this report after the previous jobs data showed growth of just 20,000. That number was revised higher to 33,000 on Friday.
Prices for the benchmark 10-year U.S. Treasury inched up, lowering yields to 2.5% from Thursday's 2.51%. Treasury prices and yields move in opposite directions.
Oil prices gained 53 cents to $62.63 U.S. a barrel.
Gold prices settled 50 cents to $1,293.80 U.S. an ounce.