In the stock market today, major indexes came off their highs at the closing bell but still managed to finish above their 50-day moving averages on Friday. The Dow Jones Industrial Average held a gain of 0.7%, while the S&P 500 rose 0.9%. The Nasdaq led the pack, rising 1.4%, as a soft October payrolls report provided a boost to stocks.

Preliminary data shows that volume on the NYSE was lower, while on the Nasdaq it was higher. Advancers outnumbered decliners by more than 3-1 on the Nasdaq and nearly 5-1 on the NYSE, indicating positive sentiment in the market.

Among the notable performers, the small-cap Russell 2000 outperformed and surged 2.7%, signaling strength in the broader market. The Innovator IBD 50 ETF (FFTY) also saw a solid rise, climbing nearly 2%.

Meanwhile, the yield on the benchmark 10-year Treasury note eased further by 11 basis points, falling to 4.55% following Friday's economic data.

In terms of individual stocks, most of the 30 Dow components experienced gains on Friday. However, Apple (AAPL) was one of the eight Dow stocks that lagged. The tech giant reported a decline in sales for the fourth consecutive quarter and expects sales to remain flat in the upcoming holiday quarter. Despite climbing up to the 50-day line on Thursday, Apple's shares closed at the line on Friday.

Walt Disney (DIS) rebounded above the 50-day line ahead of its earnings next week, suggesting optimism among investors.

Outside of the Dow Jones, Cardinal Health (CAH) showed strong performance by gapping up and breaking out of a cup with handle pattern after releasing its fiscal Q1 earnings. The company reported a 10% growth in sales and a remarkable 44% increase in earnings per share. Cardinal Health experienced profit growth in both the pharmaceutical and medical segments, leading to an upward revision of its midpoint earnings guidance for the full year.

Luxury car manufacturer Ferrari (RACE) also demonstrated positive movement, gapping up from its 50-day line and adding 2.5% after its earnings report. The company's relative strength line hit a new high, and shares rose above a significant buy point.

In the gaming sector, NetEase (NTES) broke out of a flat base by surpassing a buy point in above-average volume. DraftKings (DKNG), a recent addition to IBD Leaderboard, is also nearing a buy point.

Moving to the real estate space, Digital Realty Trust (DLR) broke out of a cup base, although it closed just below the buy point. The stock's relative strength line also reached new highs.

Expedia (EXPE) in the travel sector experienced a significant gap up above its 50-day and 200-day moving averages after reporting a 34% growth in Q3 earnings. The company achieved a 9% increase in sales, leading to a nearly 19% surge in stock price.

The building and construction sector saw Fluor (FLR) gap up above its 50-day line following strong results and an improved earnings outlook for the year. FLR shares are approaching a buy point in an undefined base.

Insulet (PODD), a manufacturer of insulin pumps, saw its shares soar after a beat-and-raise quarter. Although the stock gapped up above the 50-day line, it still remained below prior highs.

However, not all stocks experienced positive movement. Fortinet (FTNT) plunged more than 12% after sales and earnings decelerated for the second consecutive quarter. The company provided a Q4 midpoint sales outlook of $1.41 billion.

Looking ahead, Warren Buffett's Berkshire Hathaway (BRKB) is set to report quarterly results over the weekend. It is expected that operating earnings will likely rise amid the high interest-rate environment. Currently, shares have risen to the 50-day line as the stock forms a flat base with a buy point.

In terms of other stocks, Copart (CPRT), Medpace (MEDP), and Adobe (ADBE) are all nearing buy points or breaking out of specific patterns.

Overall, the stock market ended on a positive note with major indexes finishing above their moving averages. The soft October payrolls report provided an added boost to stocks, contributing to a general sense of optimism in the market. Investors continue to closely monitor quarterly earnings releases and economic data as they assess the overall health of the stock market.