A lackluster monthly jobs report sparked a rebound in technology shares and other growth stocks Friday, helping send the S&P 500 and Dow Jones Industrial Average to fresh highs.

The broad stock market index ticked up 30.98 points, or 0.7%, to 4232.60, while the Dow rose 229.23 points, or 0.7%, to 34777.76. The milestones marked the respective indexes’ 26th and 24th record closes of 2021.

The Nasdaq Composite added 119.39 points, or 0.9%, to 13752.24, outpacing its peers. The index is off 2.7% from the high it set about two weeks ago.

The monthly jobs report showed employers added 266,000 jobs in April and the unemployment rose to 6.1%. These figures significantly missed the expectations of economists who estimated that payrolls grew by one million and the unemployment rate fell to 5.8%. The jobless rate rose to a record 14.8% in April 2020 in the midst of the early stages of the pandemic.

The disappointing data spurred a sharp swing in the bond market. The yield on the benchmark 10-year U.S. Treasury note fell as low as 1.487%, according to Tradeweb, compared with roughly 1.570% just before the report was released and 1.561% Thursday. It settled at 1.576% Friday, snapping a five-session losing streak.