Dow Jumps 200 Points; US Payrolls Top Expectations

U.S. stocks traded lower this morning, with the Dow Jones index gaining more than 200 points on Friday.

Following the market opening Friday, the Dow traded up 0.48% to 42,212.69 while the NASDAQ rose 0.65% to 18,034.35. The S&P 500 also rose, gaining, 0.50% to 5,728.62.

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Leading and Lagging SectorsConsumer discretionary shares jumped by 1.2% on Friday.

In trading on Friday, real estate shares dipped by 0.9%.

Top Headline

The U.S. economy added 254,000 jobs in September, compared to a revised 159,000 gain in August, and topping market estimates of 147,000. The unemployment rate declined to 4.1% in September from 4.2% in the previous month.

Equities Trading UP                       

Phoenix Motor Inc. (NASDAQ:PEV) shares shot up 118% to $0.7536 after the company reported a substantial increase in the first-quarter results.

Shares of Forward Industries, Inc. (NASDAQ:FORD) got a boost, surging 65% to $5.84.

Beneficient (NASDAQ:BENF) shares were also up, ...