Spirit Airlines, Albemarle, Rivian, and More

Major U.S. indexes were on the rise at midday Friday after a report showed employers added more jobs than economists expected in September. The S&P 500, Nasdaq, and Dow were all higher.

Shares of United Airlines ( UAL ) and other rival airlines advanced following a report discount carrier Spirit Airlines ( SAVE ) is considering a bankruptcy filing . Spirit shares cratered.

Shares of Abercrombie & Fitch ( ANF ) gained as JPMorgan added the apparel retailer to its “Positive Catalyst Watch” list and raised the price target, pointing to strength in the company’s Hollister brand.

Albemarle ( ALB ) shares rose following a report Rio Tinto ( RIO ) may be looking to make an acquisition in the lithium sector.

Shares of D.R. Horton ( DHI ), Lennar ( LEN ), and others in the home building sector tumbled as the yield on the 10-year Treasury note climbed following Friday’s strong jobs report, raising concerns about mortgage rates.

Shares of Rivian ( RIVN ) tumbled as the electric vehicle (EV) maker missed third-quarter delivery forecasts and cut its full-year production forecast because of a parts shortage.

Oil futures and gold prices climbed. The U.S. dollar rose versus the euro, pound, and yen. Most major cryptocurrencies traded higher.