Stock market today: Wall Street drifts following mixed reports on US job market, Big Tech earnings

Stocks are drifting higher following mixed reports about the U.S. job market and profits at two of Wall Street’s most influential stocks. The S&P 500 was up 0.5% Friday and heading for its first gain in four days. The Dow was up 201 points, or 0.6%, and the Nasdaq composite was up 0.5%. Treasury yields dipped after the government said hiring was a touch weaker last month than expected. That could help keep pressure off high inflation. Amazon jumped after reporting a much bigger profit than expected. Apple fell after reporting revenue that just barely topped forecasts.