12:35 PM EDT, 05/03/2024 (MT Newswires) -- US equity indexes rose, while government bond yields dropped after midday Friday as a steeper-than-expected decline in nonfarm payrolls raised bets on interest rate cuts. The S&P 500 rose 1% to 5,112.3, with the Nasdaq Composite up 1.7% to 16,113.4 and the Dow Jones Industrial Average 1% higher at 38,605.6. All sectors except...

01:31 PM EDT, 05/03/2024 (MT Newswires) -- Tech stocks were gaining Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.9% and the SPDR S&P Semiconductor ETF (XSD) adding 2.3%. The Philadelphia Semiconductor index rose 2.2%. In corporate news, Apple's ( AAPL ) shares surged 7% after its earnings and sales beat market expectations, and it also announced...

12:56 PM EDT, 05/03/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 2%. US equity indexes rose, while government bond yields dropped after midday Friday as a steeper-than-expected decline in nonfarm payrolls raised bets on interest rate cuts. Energy iShares US Energy ETF (IYE) fell...

01:28 PM EDT, 05/03/2024 (MT Newswires) -- Energy stocks were mixed Friday afternoon, with the NYSE Energy Sector Index fractionally higher and the Energy Select Sector SPDR Fund (XLE) down 0.4%. The Philadelphia Oil Service Sector index was adding 0.4%, and the Dow Jones US Utilities index was rising 0.2%. Front-month West Texas Intermediate crude oil was declining 0.7% to...