U.S. stock indexes were holding relatively steady Friday morning following a mixed report on the job market that analysts said may not change much for financial markets, according to the Associated Press. The S&P 500 was up 0.2% in early trading and remained on track for a modest gain for the week. The Dow Jones Industrial Average was up 50 points, or 0.1%, and the Nasdaq composite was up 0.2%.
The action was stronger in the bond market. Treasury yields rose following the jobs report, which showed employers hired fewer workers last month than economists expected.
Expedia rose sharply after delivering results that easily beat Wall Street’s forecasts.
In energy trading, benchmark U.S. crude added 52 cents to $71.13 a barrel. Brent crude, the international standard, rose 66 cents to $74.95 a barrel.
In currency trading, the U.S. dollar inched up to 151.81 Japanese yen from 151.35 yen.
