A stumble by Apple keeps the S&P 500 Index from entering a fresh bull market, while slowing services sector activity has raised concerns about the economy.

The end of debt standoff and a stronger-than-expected jobs report helped boost the Dow to its biggest gain in over six months, while the Nasdaq is near a 14-month high.

Confidence that the debt-ceiling drama could end soon helped lift the S&P 500 and Nasdaq to their highest levels in 9½ months.

Major indexes were lower as the market awaits the debt-ceiling vote.

Big tech companies continue to shine thanks to optimism over AI, while the broader market struggles.

U.S. stocks ended the week broadly higher, thanks to growing optimism about a debt-ceiling deal and a string of strong earnings reports from microchip makers that delivered a fifth straight weekly gain for the Nasdaq Composite, leaving it at a nine-month high.

Big tech companies helped keep the major U.S. stock indexes afloat Thursday, thanks in part to a blockbuster sales forecast from chip giantNvidia (NVDA), even as the rest of the market wallowed in the face of concerns about a potential national debt default. 

The ongoing debt-ceiling impasse weighed on U.S. stocks for a second day Wednesday, leaving the Dow Jones Industrial Average near a two-month low and the S&P 500® Index at its lowest level in a week.

The apparent lack of progress on the debt-ceiling negotiations weighed on stocks Tuesday, with the S&P 500® Index dropping to its lowest level in a week.

U.S. stocks were mixed Monday, though the Nasdaq Composite closing at fresh nine-month highs, as investors watched for debt ceiling news out of Washington, D.C.