US stocks are mixed after jobs report
NEW YORK (AP) — Major U.S. stock indexes are drifting in midday trading after the government’s monthly jobs report fell just short of Wall Street’s expectations.
The Labor Department said U.S. employers added 214,000 jobs to their payrolls in October. That was a solid number but still was less than what economists were looking for.
Humana sank 5 percent after the health insurer reported earnings that didn’t meet analysts’ forecasts.
The Standard & Poor’s 500 edged up a point to 2,032 of 11:55 a.m. Eastern time Friday.
The Dow Jones industrial average was flat at 17,554. The Nasdaq composite fell 11 points, or 0.3 percent, to 4,626.
The Dow and S&P 500 closed at record highs the day before.
Bond prices rose. The yield on the 10-year Treasury note slipped to 2.31 percent.