U.S. stocks opened mostly lower after a much-anticipated jobs report said the economy created 271,000 jobs in October, the biggest gain this year. The surprisingly strong numbers further shifted expectations toward a December rate hike. The main indexes are still looking to book modest weekly gains. The S&P 500 opened 2 points, or 0.1%, lower to 2,098. The Dow Jones Industrial Average added 32 points, or 0.2%, to 17,897. The Nasdaq Composite began the day flat at 5,128.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.