By DAMIAN J. TROISE, Associated Press Business Writer

NEW YORK (AP) — Stocks rose on Wall Street Friday following a better-than-expected report on the U.S. job market.

The S&P 500 index rose 1.2% in morning trading. The benchmark index remains on track to notch a second consecutive winning week.

The Dow Jones Industrial Average added 555 points, or 1.3% as of 10:02 a.m. Eastern. The Nasdaq composite rose 1.3%

The gains were broad, with every sector in the benchmark S&P 500 rising. Technology stocks, with their outsized values, gave the market its biggest boost. Chipmaker Nvidia jumped 1.6% and iPhone maker Apple rose 1.9%.

Tesla rose 3.6%, regaining some the big losses it suffered on Thursday when Trump and Musk sparred feverishly on social media.

U.S. employers slowed their hiring l

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