Stocks were mostly higher on Friday, as investors celebrated January's better-than-expected jobs report, and Big Tech bounced back on the heels of major wins from both Amazon.com (AMZN) and Snap (SNAP). The Dow reversed triple-digits gains in the last hour of trading to settle slightly below breakeven, however, while the S&P 500 joined the tech-heavy Nasdaq in the black.

All three major benchmarks logged their second-straight weekly wins, though the latter two also nabbed their best week of 2022, despite a surging 10-year Treasury yield. The Cboe Volatility Index (VIX), on the other hand, posted its worst weekly loss since late December. 

The Dow Jones Average (DJI - 35,089.74) fell 21.4 points, or 0.06% for the day, but gained 1% for the week. Salesforce.com (CRM) led the gainers today with a 3% pop, while 3M (MMM) paced the laggards with a 2.2% drop.

The S&P 500 Index (SPX - 4,500.53) rose 23.1 points, or 0.5% for the day, and 1.6% for the week. Meanwhile, the Nasdaq Composite (IXIC - 14,098.01) added 219.2 points, or 1.6% for today's session, and 2.4% for the week.

Lastly, the Cboe Volatility Index (VIX - 23.22) shed 1.1 points, or 4.6% for the day, and 16% for the week.

GOLD, OIL PRICES POST DAILY, WEEKLY WINS

Oil price finished Friday's session at their highest level since September 2014, while notching a 6% weekly win. Contributing to today's pop were the winter storms that are sweeping through the nation and driving up demand. In response, March-dated oil rose $2.04, or 2.3%, to settle at $92.31 per barrel for the day.

Gold prices settled higher as well to register a 1% weekly win. The yellow metal was able to recover from a dip below the psychologically significant $1,800 level, following better-than-expected jobs data. For the day, April-dated gold added $3.70, or 0.2%, to close at $1,807.80 per ounce.