Stocks had a mixed reaction Friday to the surprisingly strong October jobs report as investors adjusted to the prospect of higher interest rates as early as next month.
For Friday:
The Dow Jones industrial average rose 46.90 points, or 0.3 per cent, to 17,910.33.
The Standard & Poor’s 500 index fell 0.73 points, or 0.03 per cent, to 2,099.20.
The Nasdaq composite index rose 19.38 points, or 0.4 per cent, to 5,127.12.
For the week:
The Dow was up 246.79 points, or 1.4 per cent.
The S&P 500 was up 19.84 points, or 1 per cent.
The Nasdaq was up 93.37 points, or 1.9 per cent.
For the year:
The Dow is up 87.26 points, or 0.5 per cent.
The S&P is up 40.30 points, or 2 per cent.
The Nasdaq is up 411.07 points, or 8.7 per cent.