Stock traders on the exchange trading floor.
Stock traders
  • US stocks rose as investors weighed Apple and Amazon earnings as well as payroll data.
  • The US jobs report came in weaker than expected on Friday, with 187,000 new jobs were added in July.
  • But wage growth topped forecasts, adding inflationary pressure. 

US stocks rose on Friday as investors digested earnings reports from two mega-cap tech companies and the monthly jobs report.

Shares in Apple fell as the iPhone maker said revenue continued to decline, while Amazon stock jumped after earnings surged past expectations.  

The newest jobs report from the Labor Department showed 187,000 new non-farm payroll positions were created in July, below forecasts.