US Shares Display Mixed Performance After NFP Data

Stocks are churning in mixed trading on Wall Street, Friday, following a disappointing jobs report, as markets continue to twirl at the tail end of a dizzying week.

The S&P 500 was 0.1% lower, as of 9:50 a.m. Eastern time, after an early 0.7% gain quickly vanished. It’s coming off a jolting stretch where it swerved at least 1.2% in five straight days, pounded by uncertainty about how badly the newest coronavirus variant will hit the economy and about when the Federal Reserve will halt its immense support for financial markets.

The Dow Jones Industrial Average was down 39 points, or 0.1%, at 34,590 after earlier being up 161 points. The Nasdaq composite was 0.7% lower.