An upbeat jobs report that eased recession fears sent all three indexes higher to close out the week. The lift led the S&P 500 and Dow to a ninth consecutive win, while the Nasdaq added triple digits. This marks the longest daily win streak for the S&P 500 in over 20 years, and for the blue-chip Dow since 2023.

Unemployment data remained on par with estimates at 4.2%. For the week, all three benchmarks logged a second-straight win. The market's "fear gauge," or Cboe Volatility Index (VIX), suffered its fourth-straight weekly drop, its longest such streak in exactly 12 months.

OIL POSTS WORST WEEK SINCE MARCH

As anticipation grows for an output decision from the Organization of the Petroleum Exporting Countries & allies (OPEC+), oil sank to a weekly loss of more than 1% -- its lowest since March. June-dated West Texas Intermediate (WTI) oil fell 95 cents, or 1.6%, to settle at $58.29 per barrel.

Gold managed to ease off Thursday's pullback to close modestly higher, as upbeat jobs data took center stage. June-dated gold added 1.3% to settle near $3,262.10 an ounce for the day, but shed 2.1% for the week.

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