Market Snapshot: Stocks struggle to push higher after jobs data; IBM short-circuits Dow

U.S. stocks finished higher Friday and for the week with the Nasdaq and the S&P 500 closing at records as investors weighed a stronger-than-expected April employment report against uncertainty of the outcome of the French presidential election on Sunday.

The S&P 500 index SPX, +0.41% finished up 9.77 points, or 0.4%, at 2,399.29, its first record close since March 1. Nine of the 11 main sectors finished higher, led by gains in energy, telecom and materials. Financials and health-care stocks edged fractionally lower.

The Nasdaq Composite Index COMP, +0.42% also saw a record finish, rising 25.42 points, or 0.4%, to end at 6,100.76.

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