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S&P 500, Nasdaq rise as Amazon results overshadow jobs surprise

Dow Jones Industrial Average fell 64.33 points, or 0.18%, to 35,046.83, the S&P 500 gained 11.95 points, or 0.27 %, to 4,489.39

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Reuters
The S&P 500 edged higher in choppy trading on Friday as Amazon results lifted the mood at the end of a week of volatile trading that saw mixed earnings from Big Tech firms and a surprise jump in US jobs growth.

The Labor Department's closely watched employment report on Friday showed nonfarm payrolls increased by 467,000 jobs last month, compared with the 150,000 jobs addition forecast by economists polled by Reuters.

The data for December was revised higher to show 510,000 jobs created, instead of the previously reported 199,000.

"Employment report really stunned markets ... not only did we have

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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