Market Snapshot: Dow up 550 points as stocks aim to snap 4-day losing streak after Apple earnings, jobs report

U.S. stocks rose sharply Friday afternoon, after four days of losses, as shares of regional banks rebounded and the main indexes rallied after strong April jobs data and Apple Inc.’s better-than-forecast earnings report.

How stocks are trading

For the week, the Dow is on track to fall 1.1%, the S&P 500 is heading for a 0.6% decline and the Nasdaq is on pace to edge up 0.3%, according to FactSet data, at last check.

What’s driving markets

U.S….