The S&P 500 index futures once again demonstrated its propensity to finish the week on an extreme end during Friday’s session. The index futures rose back above 6000, a level it hadn’t held firm in recent weeks, as buyers flexed their muscle after a hot jobs report. 

Overnight, the action kicked off with bulls building a bid from a low of 5930, setting a steady ascent. At 8:30 AM ET, May’s jobs report dropped with 139k jobs added versus 126k expected and unemployment steady at 4.2%. The resulting premarket rally roared into the regular session, with bulls smashing through to a fresh peak of 6025 following the opening bell. But the bears weren’t asleep. Chop hit as profit-takers and reports of Trump having “no plans” to call Musk sparked a pre-lunch sell-off to a new intraday low.

The bulls regrouped, clawing back control in the final hours to defend 6000 in both the futures and cash index. The close at 6006.75 landed in the day’s upper half, up a healthy 60.75 handles. For the week, that makes for a decent gain of 93 handles or 1.57%.

Market participants can now look forward to next week’s inflation data being released Wednesday and Thursday morning. 

Among top components, Tesla Inc (NASDAQ: TSLA) stole the show as the biggest winner, flipping Thursday’s loss into a $10.44 gain, or 3.67%, to $295.14 as the Trump-Musk drama somewhat eased.

That smoked the cash index’s 1.03% rise by over three times. 

On the other hand, Broadcom Inc (NASDAQ: AVGO) ate the day’s biggest loss among top components, sliding $13.00, or 5.00%, to $246.93.