After a tense week, US stock benchmarks recovered, while Treasuries continued to fall as Wall Street debated whether the Federal Reserve would raise interest rates again this year.

The S&P 500 gained 1.2% on Friday, snapping a four-week losing streak after a last-minute agreement with the autoworkers union helped boost sentiment. The Nasdaq 100 increased 1.7%, led by large-cap tech names such as Microsoft, Apple, and Nvidia.

Yields on 10-year and 30-year Treasuries fell for the fifth week in a row after reaching 2007 highs near 4.9% and 5.1%, respectively, as global bonds fell for the fifth week in a row.

According to the nonfarm payrolls report, employers increased their hiring pace in September, adding 336,000 jobs, more than doubling economists' estimates. The unemployment rate remained unchanged at 3.8% on Friday, according to Bureau of Labor Statistics data.