Stocks were mixed in late morning trading Friday as investors balanced news that hiring by U.S. employers picked up last month at the fastest pace since October with another unsettling rise in bond yields.
The S&P 500 was little changed as of 10:50 a.m. Eastern after moving between modest gains and losses. The benchmark index is back in the red for the year and on track for its third consecutive weekly loss.
The Dow Jones Industrial Average was also little changed at the technology-heavy Nasdaq was down 1.4%.
U.S. employers added a robust 379,000 jobs last month, a sign that the economy is strengthening as confirmed virus cases drop,
→ Continue reading at The Spokesman-Review