Wall Street stocks moved indecisively early Friday following a mixed US jobs report that strengthens the case for the Federal Reserve to cut interest rates.
About 10 minutes into trading, the Dow Jones Industrial Average was up 0.3 percent at 40,887.66.
The broad-based S&P 500 dipped 0.1 percent to 5,497.27, while the tech-rich Nasdaq Composite Index dropped 0.6 percent to 17,022.29.
The Fed is widely expected to cut interest rates later this month, but analysts view the size of the cut as still up in the air.
CFRA Research’s Sam Stovall predicted Friday’s session could be “pretty volatile” as the market tries to figure out what the Fed does next and where the economy heads.
