Stocks gained ground on Wall Street Friday following a better-than-expected report on the U.S. job market. The gains were broad, with every sector in the S&P 500 rising.

U.S. stocks drifted lower as financial markets locked in their final moves before a highly anticipated update coming Friday about the U.S. job market.

Wall Street's stock indexes ended lower on Thursday in choppy trade as a slump in Tesla shares offset news of progress in tariff talks between U.S. President Donald Trump and Chinese leader Xi Jinping.