Buzz off the upbeat June jobs report ended up being short-lived, as the major indexes struggled to find their footing in the second half of Friday's session. The Dow and S&P 500 reversed earlier gains to log a modest loss, with the latter snapping its longest win streak since March. The Nasdaq managed to hold onto a small gain to register a fifth consecutive daily win, though, with the three benchmarks seeing solid weekly wins.

The Dow Jones Average (DJI -31,338.15) shed 46.4 points or 0.2% for the day. UnitedHealth Group (UNH) led the gainers, adding 0.8%. Walgreens Boots Alliance (WBA) paced the laggards with a 1.7% fall. Over the past week, the DJI added 0.8%.

The S&P 500 Index (SPX - 3,899.38) lost 3.2 points, or 0.08% for the day. Meanwhile, the Nasdaq Composite (IXIC - 11,635.31) rose 14 points, or 0.1% for the session. Respectively, the indexes added 1.9% and 4.5% for the week.

Lastly, the Cboe Market Volatility Index (VIX - 26.64) shed 1.4 points or 5.5% for the day. For the week, the VIX shed 7.7%.

GOLD PRICES EXTEND WEEKLY LOSING STREAK

Oil futures ended higher once again, brushing off recession worries thanks to tight global supplies. August-dated crude added $2.06, or 2%, to settle at $104.79 per barrel for the day, but dropped 3.4% on the week.

Gold registered its fourth-straight weekly loss, shedding 3.3%. For the day, however, the August-dated commodity added $2.60, or 0.2%, to close at $1,742.30 an ounce, despite a stronger U.S. dollar.

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