The propensity for the S&P 500 index futures to finish the week on the extremes played out during Friday’s session, stretching an extraordinary nine-day win streak into the 5700s.

Overnight, news of China signaling an “open door” for tariff talks fueled a bullish surge, which was then amplified by April’s employment report at 8:30 AM ET. The jobs data landed mostly in line with expectations but stunned with nonfarm payrolls at 177k against 133k expected. Bulls rocketed to a premarket high bang on 5699, only for bears and profit-takers to drag it back before the open. Selling spilled into the regular session, but bulls quickly rallied, carving a new daily high. They grappled around the 5700 area until a lunchtime breakout, though choppy trading between 5700 and the day’s peak of 5724.75 followed.

Last-minute sellers trimmed gains, yet bulls clung to most of the day’s haul, closing near the high at 5709, up a sturdy 85.75 handles. For the week, that makes for a 159.25-handle gain, or 2.87%. 

Next week brings a flood of earnings, along with the FOMC meeting and following press conference on Wednesday.

Meta Platforms Inc (NASDAQ: META) snagged the biggest win among top components, advancing by $24.81, or 4.34%, to close at $597.02, riding tech and post-earnings momentum.

That outpaced the cash index’s 1.48% gain over twofold. 

Apple Inc (NASDAQ: AAPL) slumped as the biggest loser after Thursday’s earnings slightly beat expectations but flagged tariff-hit guidance, shedding $7.97, or 3.74%, to close at $205.35.