Stock futures rose early Friday as Wall Street digested a better-than-expected nonfarm payrolls report for April. Dow Jones Industrial Average futures rose 360 points, or 0.8%, while Nasdaq 100 futures advanced 0.8%. Futures tied to the broad-based index added 0.9%. Payrolls grew by 177,000 last month, above the 133,000 that economists polled by Dow Jones had anticipated. That figure is still down sharply from the 228,000 added in March. The unemployment rate stood at 4.2%, in line with expectations. The payrolls report is the latest in a blast of economic data this week, with a gross domestic product reading that showed the economy contracted 0.3% at an annualized pace in the first quarter. Private payrolls data from ADP likewise came in weak, and the latest weekly jobless claims ballooned to 241,000, higher than expected. Investors were already upbeat prior to the strong jobs report after China said that it is evaluating the possibility of starting trade negotiations with the U.S. Still, Chinese authorities reaffirmed that the U.S. should remove all unilateral tariffs, saying that “if the U.S. wants to talk, it should show its sincerity and be prepared to correct its wrong practices and cancel the unilateral tariffs,” according to the statement. The Street was also mulling over earnings reports from two “Magnificent Seven” members. Apple slid 3% in premarket trading after posting fiscal second-quarter revenue from its Services division that fell short against analyst estimates. Additionally, the iPhone maker said it expects to add $900 million in costs in the current quarter due to tariffs. Amazon, meanwhile, rose 1% after its first-quarter results came in better than expected. The company issued light guidance, however, highlighting “tariffs and trade policies” as factors. The moves come after the major averages rose to kick off May, with the tech sector catching a tailwind after results from Meta Platforms and Microsoft helped revive the artificial intelligence trade. The 30-stock Dow added 0.2%, while the S&P 500 advanced 0.6%. Both indexes posted eight-day win streaks. The Nasdaq Composite jumped 1.5% and wiped out its losses since April 2, the day of President Donald Trump’s “reciprocal” tariffs announcement. Nearly two-thirds of the S&P 500 constituents have announced their results, with 76% posting earnings that have surpassed estimates, according to data from FactSet. Thus far, all three major averages are on pace for their second winning week in a row. The S&P 500 is on pace to rise 1.4% this week, while the Dow is on track for a 1.6% advance. The Nasdaq is up 1.9% week to date. U.S. Treasury yields jumped on Friday as traders studied April nonfarm payrolls data that beat expectations. The benchmark 10-year Treasury note yield rose more than basis points to 4.273%. The 2-year Treasury yield surged by more than 5 basis points at 3.752%. Asia-Pacific markets rose after China said that it was evaluating possible trade talks with the U.S. Markets in the region also trailed gains on Wall Street after all three key benchmarks advanced overnight on optimism that a slowdown in the global economy will not impede the progress of developments in artificial intelligence. Hong Kong markets led gains in the region. The Hang Seng Index rose 1.74% to end the day at 22,504.68 while the Hang Seng Tech index gained 3.08% to close at 5,244.06. India’s benchmark Nifty 50 edged up 0.21% in choppy trade while the broader BSE Sensex increased by 0.33% as at 1.35 p.m. Indian Standard Time. Japan’s benchmark Nikkei 225 ended the day 1.04% higher at 36,830.69 while the broader Topix index advanced 0.31% to 2,687.78. Over in South Korea, the Kospi index moved up 0.12% to close at 2,559.79 while the small-cap Kosdaq increased by 0.64% to 721.86. Australia’s S&P/ASX 200 climbed 1.13% to end the day 8,238, its highest level since February 27. The strong moves come just before the country heads to the polls on Saturday. China markets are closed for the Labor Day public holiday. Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the world’s two largest economies. Brent crude futures rose 38 cents, or 0.6%, to $62.51 a barrel by 0136 GMT, while U.S. West Texas Intermediate crude futures added 38 cents, or 0.6%, to $59.62 a barrel. Gold rose on Friday on bargain-hunting ahead of U.S. non-farm payrolls report, after prices touched a two-week low in the previous session, but signs of easing U.S.-China trade tensions kept the safe-haven metal on track for its second weekly fall. Spot gold was up 0.6% at $3,259.02 an ounce, as of 1018 GMT. Bullion has lost 1.8% so far this week. U.S. gold futures rose 1.4% to $3,266.90.