U.S. stocks traded higher this morning, with the Dow Jones index surging over 400 points on Friday.

Following the market opening Friday, the Dow traded up 1.17% to 38,673.45 while the NASDAQ rose 1.76% to 16,120.20. The S&P 500 also rose, gaining, 1.04% to 5,116.83.

Leading and Lagging Sectors

Information technology shares rose by 2.5% on Friday.

In trading on Friday, energy shares fell by 0.6%.

Top Headline

U.S. employers added 175,000 nonfarm payrolls in April, marking a reduction from the upwardly revised 315,000 reading in March and missing the expected 238,000, the Bureau of Labor Statistics said Friday.

The unemployment rate went from 3.8% to 3.9%, more than the expected 3.8%. Average...