US Stocks poised for best week since April as payrolls surprise eases rate-hike concerns

Elon Musk's SpaceX SPCX.O surged 11.9% a day after the expiry of the first of several share lockup restrictions following its record public offering in June.

Collaboration software maker Atlassian TEAM.O shot up 37.4% while chip company Microchip Tech MCHP.O jumped 15.2% after both forecast quarterly revenue above estimates.

Among other movers, vacation rental company Airbnb ABNB.O rose 15.7% as the best performer on the S&P 500 after beating second-quarter revenue estimates. In contrast, Trade Desk TTD.O plummeted 21.3% as the worst performer on the benchmark index after the ad-tech firm forecast third-quarter revenue below expectations.

With earnings season entering the final stretch, of the 436 companies in the S&P 500 that have already reported results through Friday morning, 85.1% have topped analyst expectations, according to LSEG data — well above the 68% average since 1994.