Dow Adds Over 1,200 Points to Nab Record High, Weekly Gain

The Dow snapped its three-week losing streak on Friday, tacking on more than 1,200 points to secure its best day since May and close at a new record high. The S&P 500 and Nasdaq scored their first gain in four sessions as Big Tech bounced back from recent losses, brushing off Amazon.com's (AMZN) dismal post-earning reaction -- though the former still finished the week lower as the latter marked a fourth-straight weekly loss. Meanwhile, Bitcoin (BTC) earlier climbed back above $70,000 after an extended pullback, and the Cboe Volatility Index (VIX) pulled back sharply, but still secured a fourth consecutive weekly gain.

Continue reading for more on today's market, including:

• Cybersecurity stock gearing up for earnings.
• Unpacking Roblox stock's upbeat quarterly results.
• Plus, AMZN's post-earnings plunge; alternative energy stock surging; and recapping a volatile week.

5 Things to Know Today

1. Actress Jennifer Garner's Once Upon a Farm (OFRM) made its public market debut, with shares of the children's nutrition company surging over 20%. (CNBC)
2. The U.S. government’s Bitcoin reserve, which was established in March, has lost roughly $4.7 billion in value amid the recent cryptocurrency selloff. (Barron's)
3. AI spending plans and a profit miss dragged AMZN.
4. This energy giant provided a strong full-year outlook.
5. Earnings and a Big Tech selloff made for a volatile week.

Gold Prices Bound Back, Score Weekly Gain

Oil prices edged higher on Friday, as traders closely monitored talks between U.S. and Iran officials in Oman. While Tehran refused to end enrichment of nuclear fuel, it signaled it was willing to reach a diplomatic solution. March-dated West Texas Intermediate (WTI) crude rose 26 cents or 0.4%, to settle $63.55 a barrel. Black gold shed roughly 2.5% this week.

Gold priced settled higher as investors bought the dip, the greenback weakened slightly, and U.S.-Iran concerns remained. April-dated gold futures added 1% to settle at roughly $4,939.70 per ounce. For the week, the yellow metal gained 1.3%.