Gold futures rose on the weaker dollar, trading within reach of 0.90 an ounce; bond prices fell after a rally that had pushed benchmark yields to three-month lows and crude oil rose .42 to .21 a barrel.

Stocks rallied amid growing confidence that recent interest-rate rises, seen as hurting growth and corporate profits, would end soon. The bluechip Dow and Standard & Poor’s 500 index posted the best weekly percentage gains in seven months.

A US Labor Department report showing the economy added fewer jobs than expected in December eased worry the US central bank would keep raising rates over an extended period.

"The good news was good enough to more than offset the worries about wages and Federal Reserve policy," said Hugh Johnson, chief investment officer of Johnson Illington Advisors. "There is an emotional component to the market today.

Some speculative spirits are starting to stir."

The Dow Jones industrial average. was up 77.16 points, or 0.71 percent, at 10,959.31. The Standard & Poor’s 500 Index was up 11.97 points, or 0.94 percent, at 1,285.45. The technology-laced Nasdaq Composite Index was up 28.75 points, or 1.26 percent, at 2,305.62.

The dollar slid to threemonth lows against the euro, yen and Swiss franc after the US jobs report.

The euro rose against the dollar to around .2180, according to Reuters data, before backing down to .2147, up 0.4 percent from late Thursday.