Wall Street stocks rose early Friday, bouncing back after the previous session's declines following strong Amazon earnings and weak hurricane-impacted US employment data.
Shares of Amazon gained more than seven percent after it reported stronger-than-expected results, with significant growth in cloud computing and a return to profitability in its international segment.
The Amazon earnings helped the market pivot after Thursday's sell-off prompted by big drops in Microsoft and Meta due to concerns about lofty spending needed for artificial intelligence.
About 15 minutes into trading, the Dow Jones Industrial Average was up 0.8 percent at 42,093.63.
The broad-based S&P 500 also gained 0.8 percent to 5,748.33, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 18,271.26.
The US economy added just 12,000 jobs last month, far below expectations and down from a revised 223,000 in September, although unemployment remained steady at 4.1 percent.
Analysts said the figures should be taken with a grain of salt because of major hurricanes that throttled large swaths of the country. The ongoing Boeing strike was also an exacerbating factor.
Boeing jumped 1.8 percent as its machinist union scheduled another vote next week for the company's latest contract offer.
The union, which represents some 33,000 Seattle-area workers striking since mid-September, endorsed the latest proposal, which includes a 38 percent wage increase.
Elsewhere, Apple declined 1.2 percent after earnings narrowly exceeded analyst expectations.