The Dow Jones Industrial Average edged up 17.53 points (0.18 percent) to 10,023.49 at the closing bell, in choppy trade that saw swings in and out of positive territory. The gains capped a week in which the Dow rose some three percent.

The Nasdaq composite increased 6.90 points (0.33 percent) to 2,112.22 and the broad-market Standard & Poor's 500 index added 2.66 points (0.25 percent) to a preliminary close of 1,069.29.

Market action was volatile after a much-anticipated report early Friday showed the U.S. unemployment rate jumped to 10.2 percent in October as 190,000 jobs were shed.

The Labor Department report, seen as one of the best indicators of economic momentum, showed a rise in the jobless rate from 9.8 percent in September to the highest since 1983. But the number of jobs lost narrowed to the lowest level in over a year.