Wall Street saw a rebound on Friday following a Thursday selloff. However, midday gains were not enough to prevent the S&P 500 from experiencing its second consecutive weekly decline, currently down by 1%. Concerns over tech earnings were alleviated as Amazon.com Inc. exceeded expectations. This boosted risk appetite, leading to a sector rebound. Amazon's stock surged by over 6%, marking its best performance since February. The Nasdaq 100 outperformed the S&P 500, with a 1.1% increase compared to the latter's 0.8%. In economic news, the U.S. economy added only 12,000 jobs in October, a significant decrease from the 223,000 added in September. This figure was well below the estimated 113,000 jobs, with hurricanes and strikes resulting in hiring freezes nationwide.