Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

WALL STREET ENDS THE WEEK WITH SOME RELIEF

Wall Street's major indexes ended Friday's session up more than 1% each, with the S&P 500 .SPX marking its longest daily winning streak in more than 20 years.

The benchmark index also ended higher than its April 2 close for the first time. Stocks had sold off sharply in wildly volatile sessions after U.S. President Donald Trump's announced blanket tariffs against its trading partners after the market close on April 2.

The gains on Friday, were thanks to better than expected April jobs growth, which eased some jitters about the U.S. economy and appeared, at least for now, to outweigh concerns about weak forecasts from some U.S. companies due to a lack of clarity around Trump's tariff policies.

Investors had a mixed bag reaction to the latest results. Apple Inc AAPL.O shares sank 3.7% after the iPhone maker cut its share buyback program by $10 billion and CEO Tim Cook said tariffs could add ~$900 million in costs this quarter.

While the reaction to Amazon.com AMZN.O was more negative earlier, the online retailer/cloud computing giant managed to close down just 0.1% after reporting Q1 cloud revenue growth and forecasting operating income that both missed estimates.

With about 357 of the S&P 500 .SPX, including most of the Magnificent 7 megacap U.S. companies, having reported for the Q1 season, the earnings picture was coming into focus.

Still investors will have to wait until May 28 for Nvidia Corp NVDA.O, the last of the 7 to report results. Nvidia rose 2.5% on Friday, helping to boost the Philadelphia Semiconductor index .SOX, which added 3.5%.

By Friday's close the Dow .DJI has now risen nine days in a row for its longest winning streak since December 2023. The S&P 500's nine-day advance was its longest run since Nov 2004.

One of the biggest highlights on Friday was the rise in the economically sensitive Dow Jones Transport average index .DJT, which ended up 3.3%, for its biggest daily gain since April 9.

The CBOE Volatility Index .VIX ends down at 22.68 for its lowest closing level since April 2.

For the week, the S&P 500 gained 2.92%, the Nasdaq .IXIC rose 3.42% and the Dow climbed 3%. The Russell 2000 .RUT small cap index rose 3.24% for the week.

Here is your closing snapshot:

(Sinéad Carew, Terence Gabriel, Lewis Krauskopf)

*****

EARLIER ON LIVE MARKETS:

S&P 500 NEGATIVE-TO-POSITIVE OUTLOOK RATIO SO FAR IN LINE WITH YR AGO CLICK HERE

INDIVIDUAL INVESTOR BEARS CLIMB - AAII CLICK HERE

THE CHERRY ON THE CAKE: A JOBS REPORT DEEP DIVE CLICK HERE

WALL STREET INDEXES RALLY ON MIXED BAG OF NEWS CLICK HERE

U.S. STOCK FUTURES, YIELDS RISE AFTER LATEST JOBS REPORT CLICK HERE

TIDE TURNING FOR DOMESTIC EXPOSED AND RATES SENSITIVE UK PLAYS - BARCLAYS CLICK HERE

GOLD COULD SURGE TO OVER $4,000/OZ IN BULL SCENARIO - WISDOMTREE CLICK HERE

STOXX UP AS TRADE TENSIONS EASE, POSITIVE EARNINGS ROLL IN CLICK HERE

EUROPE BEFORE THE BELL: FUTURES RISE ON EASING TRADE TENSIONS, POSITIVE EARNINGS CLICK HERE

BRIGHT SIGNS FROM BEIJING, BAD OMENS FROM APPLE CLICK HERE