Market Snapshot
S&P 500 books weekly loss despite Friday’s big bounce
U.S. April jobs data was stronger than expected.
Olivier Douliery/Agence France-Presse/Getty Images
U.S. stocks closed sharply higher Friday, with all three major benchmarks snapping four straight days of losses, after strong jobs data for April, Apple Inc.’s better-than-forecast earnings report and a rebound in shares of regional banks.
How stocks traded
For the week, the Dow fell 1.2%, the S&P 500 declined 0.8% and the Nasdaq edged up 0.1%, according to Dow Jones Market Data.
What drove markets
U.S….
