In the bond market, Treasury yields gained ground. The yield on the 10-year Treasury rose to 4.47% from 4.39% late Thursday. The two-year Treasury yield, which more closely tracks traders’ expectations for what the Federal Reserve will do with overnight interest rates, rose to 4.00% from 3.92% late Thursday.

U.S. stock indexes were set to open higher on Friday after a strong jobs report calmed worries over the health of the labor market, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.

U.S. stocks rose on Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced, clawing back some losses from a sharp plunge the previous session and technology stocks kept rising.