US equity indexes advanced Friday after the May jobs report suggested hiring was holding up despite recent market turmoil triggered by President Donald Trump's tariffs on steel, aluminum, and other imported products.

The S&P 500 was up 1% ahead of Friday's close at 6,000.6, returning to within 2.5% of its record high close set on Feb. 19 at 6,144.2. The tech-heavy Nasdaq Composite index added 1.2% to 19,537.5 and the Dow Jones Industrial Average advanced 1% to 42,755.9. All 11 sectors in the S&P 500 were set to finish in the green, led by energy, communication services, and consumer discretionary, while consumer staples were the laggard.

In economic news, non-farm entities added 139,000 new employees in May, the government said, down from 147,000 hires the prior month but still exceeding the consensus opinion of 126,000, according to a Bloomberg survey.

West Texas Intermediate (WTI) crude oil closed higher on Friday, rising $1.21 to settle at $64.58 per barrel, while Brent crude climbed $0.99 to $66.33 per barrel. Energy prices were supported by wildfires in northern Alberta, with several Canadian producers in the oil sands region temporarily shutting in projects and evacuating personnel.

Gold futures fell 1.1% to $3,339.10 per ounce while front-month silver rose 0.4% to $36.16, extending Thursday gains that saw the metal reach a new multi-year high.

Most US Treasury yields rose, with the 10-year climbing 11.7 basis points to 4.51% and the two-year rate advancing 11.3 basis points to 4.04%.