US close: Stocks mixed after nonfarm payrolls
Wall Street stocks put on a mixed showing on Friday as market participants digested January's nonfarm payrolls report.
At the close, the Dow Jones Industrial Average was down 0.06% at 35,089.74, while the S&P 500 was 0.52% firmer at 4,500.53 and the Nasdaq Composite saw out the session 1.58% stronger at 14,098.01.
The Dow closed 21.42 points lower on Friday, narrowly extending the previous session's losses.
Friday's primary focus was January's all-important nonfarm payrolls report, which revealed the US economy unexpectedly added 467,000 payrolls in January, much better than analysts' expectations for a print of 150,000. According to the Bureau of Labor Statistics, the nonfarm payrolls report showed employment growth continued in leisure and hospitality, up 151,000 month-on-month, while increases were also seen in professional and business services, retail trade, transportation and warehousing. The unemployment rate, on the other hand, increased from 3.9% to 4.0%, while average hourly earnings increased to 0.07% from 0.05% a month earlier.
Investors also thumbed over a slew of corporate earnings from the night before, with Ford shares in the red after missing estimates by a country mile, while Amazon, Pinterest and Snap stocks were all higher following strong quarterly results.
In terms of Friday's earnings, Bristol-Myers Squibb posted slightly better than expected fourth-quarter earnings, while Royal Caribbean Cruises posted a loss of $1.36bn in its fourth quarter.
Also in focus, WTI crude oil prices topped $91.93 per barrel, adding to inflation concerns, while the yield on the benchmark 10-year Treasury note increased to 1.913%.
Dow Jones - Risers
Salesforce.Com Inc. (CRM) $219.23 3.04%
JP Morgan Chase & Co. (JPM) $152.56 2.60%
Goldman Sachs Group Inc. (GS) $367.60 2.43%
Microsoft Corp. (MSFT) $305.94 1.56%
Walt Disney Co. (DIS) $142.02 1.42%
Chevron Corp. (CVX) $136.16 1.25%
American Express Co. (AXP) $186.15 0.98%
Nike Inc. (NKE) $145.39 0.06%
Boeing Co. (BA) $206.45 0.03%
Dowdupont Inc. (DWDP) $30.52 0.00%
Dow Jones - Fallers
3M Co. (MMM) $160.73 -2.23%
Walgreens Boots Alliance, Inc. (WBA) $48.60 -1.82%
Procter & Gamble Co. (PG) $161.53 -1.59%
Home Depot Inc. (HD) $359.67 -1.41%
Visa Inc. (V) $228.39 -1.36%
Walmart Inc. (WMT) $139.38 -1.18%
Unitedhealth Group Inc. (UNH) $483.17 -1.15%
Caterpillar Inc. (CAT) $198.41 -1.09%
Coca-Cola Co. (KO) $60.96 -1.06%
Dow Chemical Co. (DOW) $60.84 -1.00%
S&P 500 - Risers
Amazon.Com Inc. (AMZN) $3,152.79 13.54%
NortonLifeLock Inc. (NLOK) $27.59 8.71%
Take-Two Interactive Software Inc. (TTWO) $175.00 7.35%
Helmerich & Payne Inc. (HP) $32.45 7.19%
Twitter Inc (TWTR) $36.94 7.13%
Lincoln National Corp. (LNC) $71.55 6.38%
Fortinet Inc. (FTNT) $314.33 5.84%
Aon plc (AON) $291.31 5.36%
Nektar Therapeutics (NKTR) $10.46 5.34%
Unum Group (UNM) $27.14 5.03%
S&P 500 - Fallers
Clorox Co. (CLX) $141.41 -14.47%
Ford Motor Co. (F) $17.96 -9.70%
National Oilwell Varco Inc. (NOV) $16.21 -8.21%
PulteGroup Inc. (PHM) $48.74 -7.76%
Air Products & Chemicals Inc. (APD) $263.08 -6.34%
Illinois Tool Works Inc. (ITW) $228.92 -5.19%
Lennar Corp. Class A (LEN) $90.30 -4.78%
Royal Caribbean Cr (RCL) $75.58 -4.76%
D. R. Horton Inc. (DHI) $84.07 -4.72%
Stanley Black & Decker Inc. (SWK) $166.47 -4.53%
Nasdaq 100 - Risers
Amazon.Com Inc. (AMZN) $3,152.79 13.54%
NortonLifeLock Inc. (NLOK) $27.59 8.71%
Take-Two Interactive Software Inc. (TTWO) $175.00 7.35%
Trip.com Group Limited (TCOM) $27.14 3.71%
eBay Inc. (EBAY) $59.29 3.67%
Tesla Inc (TSLA) $923.32 3.61%
Mercadolibre Inc. (MELI) $1,035.33 3.56%
Xilinx Inc. (XLNX) $209.02 3.04%
JD.com, Inc. (JD) $73.77 2.67%
Baidu Inc. (BIDU) $158.38 2.63%
Nasdaq 100 - Fallers
Kraft Heinz Co. (KHC) $34.75 -3.04%
Align Technology Inc. (ALGN) $489.86 -2.67%
Skyworks Solutions Inc. (SWKS) $135.10 -2.48%
Fastenal Co. (FAST) $54.99 -2.47%
Texas Instruments Inc (TXN) $171.42 -2.37%
Idexx Laboratories Inc. (IDXX) $526.44 -2.32%
Gilead Sciences Inc. (GILD) $63.90 -2.28%
O'Reilly Automotive Inc. (ORLY) $646.43 -2.13%
Monster Beverage Corp (MNST) $84.29 -2.08%
J.B. Hunt Transport Services Inc. (JBHT) $189.60 -1.92%