SPY is trading at $741.04 (+1.10%) as a stronger-than-expected October jobs report supported risk appetite. - Employers added 165,000 jobs versus 65,000 expected; unemployment was 4.1%. - Investors also bought technology shares after Thursday’s sharp selloff, triggered by concerns election results could bring tighter AI rules and slower data-center expansion. - The gain partially recovers the prior session’s drop and does not show those concerns have disappeared.