US markets ended the week higher after the August jobs report showed a cooling labor market, which the Federal Reserve needs to see for interest rate hikes and inflation return.

Fed futures predict a 93% chance of interest rates remaining unchanged at the policy meeting and in the 5.25%-5.50% range through the end of the year.

Major indices climbed, with the tech-heavy Nasdaq rising 3%, the S&P 2%, and Dow 1%.