New York ? U.S. stocks on Friday capped a volatile trading day with modest gains after investors weighed a surprisingly strong October jobs report and an unexpected rise in factory orders against ongoing credit-related upheaval in the financial sector.

“The economy is still in good shape, but the mood is definitely pessimistic; subprime is still the issue,” said Matt King, portfolio manager for Bell Investment Advisors.

The Dow Jones Industrial Average climbed 27.2 points to 13,595.10, but ended with a 1.5 percent loss for the week.

Of the Dow’s 30 components, 18 ended higher, after a day in which the blue-chip benchmark’s financial components were hard hit. Specifically, J.P. Morgan Chase fell 2.6 percent, while American International Group gave up 0.3 percent; and American Express Co. traded down 0.05 percent.

The S&P 500 closed up 1.25 points to 1,509.69, but ended with a weekly loss of 1.6 percent.

The Nasdaq Composite rose 15.55 points to 2,810.38, leaving it virtually unchanged from the prior week’s close.