The Dow Jones Industrials popped 385.78 points, or 1.1%, to 34,807.71, moving the average into positive territory for the week.
The S&P 500 spiked 35.52 points to 4,356.34, also putting the index in the green for the week.
The NASDAQ acquired 53.89 points to 14,613.67.
Shares of GM gained 3.5% after Wedbush said the stock is a buy and could jump more than 50% as investors realize the extent of its tech and electric vehicle evolution.
Big Tech stocks were weaker on Friday as President Biden was set to sign a new executive order aimed at the competitive practices by the sector’s giants. Amazon was down about 0.7% after hitting a new all-time high on Thursday.
Prices for 10-Year Treasurys sagged, raising yields to 1.35% from Thursday’s 1.29%. Treasury prices and yields move in opposite directions.
Oil prices jumped $1.59 to $74.53 U.S. a barrel.
Gold prices brightened $7.80 to $1,808 U.S. an ounce.