U.S. equities posted solid gains after the Labor Department reported that hiring jumped but year-over-year wage growth slowed more than expected in September, boosting optimism that the Fed might hold back on more interest rates hikes to fight inflation. The S&P 500 rose 1.2% on the day, and the Dow and Nasdaq were also higher. For the week, the S&P 500 and Nasdaq advanced, but the Dow fell.

Pioneer Natural Resources (PXD) shares skyrocketed 10.5% following reports that the shale oil driller is in advanced talks to be purchased by Exxon Mobil (XOM) for $60 billion. Exxon Mobil shares dropped 1.꧂7%.

Newmont Corporation (NEM) shares gained 4% when Australia's Newcrest Mining sai⛦d that all necessary regulatory bodies have approved Newmont's proposed $16.7 billion takeover of the rival, which can now be completed.

MGM Resorts International (MGM) shares rose 5% after indications that the casino and hotel operator refused to pay the ransom demanded by hackers who disrupted its operations with a 澳洲幸运5官方开奖结果体彩网:cyberattack in September.

Meanwhile, AMC Entertainment Holdings (AMC) shares shot up 11.6% as the theater chain announced that ticket presales for the upcoming 澳洲幸运5官方开奖结果体彩网:Taylor Swift concert movie exceeded $100 million.

Walmart (WMT) shares lost 1.7% after the biggest 澳洲幸运5官方开奖结果体彩网:brick-and-mortar retailer said that food sales have been negatively affected by the soaring popularity of weight-loss drugs, leading consumers to buy less. Shares of rival Costco Wholesale Corporation (COST) and cookie and candy maker Mondelez (MDLZ) dropped 2.1% and 2.6%, respectively.

Boston Properties (BXP) shares slipped 2.5% as the real estate developer and partner Blackstone (BX) sold the landmark Metropolitan Square office building in Washington, D.C., one of the largest Class A office buildings in the cit𒐪y.

McDonald's (MCD) shares slumped 1.6% to their lowest level in a year amid concerns that 澳洲幸运5官方开奖结果体彩网:high interest rates could crimp consumer spending on fast food.