By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Tech stocks managed to close with
some reasonable gains Friday, with Zynga Inc. a standout following
the social-gaming company's most-recent quarterly results.
Zynga (ZNGA) shares pulled back from their high points, but
still closed with a gain of 3% at $2.43. Late Thursday, Zynga
reported better-than-expected third-quarter sales, and the company
said mobile games made up 55% of its total bookings in the
quarter.
Along with Zynga, small gains came from tech leaders such as
Amazon.com Inc.(AMZN), Apple Inc. (AAPL) and Yahoo Inc. (YHOO).
An upbeat jobs report highlighted the day's trading sentiment.
By the time the market closed, the Dow Jones Industrial Average
(DJI) had risen almost 20 points to finish at 17,573, but the
tech-heavy Nasdaq Composite Index (RIXF) shed almost 6 points to
end the week at 4,632.
(Read more about the latest U:S: jobs data
http://www.marketwatch.com/story/us-gains-214000-jobs-in-october-unemployment-drops-to-58-2014-11-07.).
Graphics chip maker Nvidia Corp. (NVDA) shed more than 2% to
close at $19.79 despite the company reporting better-than-expected
third-quarter earnings late Thursday. Nvidia also reported gross
margins of 55.2% and said its fourth-quarter gross margins would
likely remain flat.
Losses also came from Twitter Inc. (TWTR), Netflix Inc. (NFLX)
and Microsoft Corp. (MSFT).
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