Dow Jones adds 300 points, US stocks record weekly losses

US indices ended the first session of November in the green, supported by tech stocks despite the job data that was significantly lower than expected in October.

The Dow Jones Industrial Average rose 0.70%, or 288 points, to settle at 42,052 points, with a weekly loss of 0.2%.

The S&P 500 index advanced 0.40%, or 23 points, to 5,728 points, but recorded a weekly loss of 1.4%. The Nasdaq Composite Index was also up 0.80%, or 144 points, at 18,239 points, with a loss of 1.5% during the week.

As for European markets, the STOXX Europe 600 leapt 1.10%, or 5 points, to 510.9 points.

The German DAX index added 0.95%, o 177 points, to 19,254 points, and the French CAC 40 index advanced 0.8%, or 58 points, to 7,409 points. The British FTSE index was also up 0.85%, or 67 points, to 8,177 points.

Meanwhile, the Nikkei index fell 2.65%, or 1,027 points, to 38,053 points, and the broader Topix index lost 1.90% to 2,644 points.

Brent crude futures for January delivery rose 0.40%, or $0.29, to $73.10 per barrel.

New York Mercantile Exchange (NYMEX) futures for December delivery increased 0.30%, or 23 cents, to $69.49 per barrel.

Regarding gold, futures prices for December delivery were unchanged at $2,749.20 per ounce.

The US economy added only 12,000 new jobs in October, down from 223,000 in a revised September figure (previously reported as 254,000), according to the monthly jobs report released by the Department of Labor on Friday.