SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.

The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the election.