The broad market S&P 500 climbed 0.25% to 6,090.27.
The Dow Jones Industrial Average slipped 123.19 points, or 0.28%, to close at 44,642.52.
The S&P 500 and Nasdaq went on to their third straight positive week as well, rising 0.96% and 3.34%, respectively.
The unemployment rate nudged up to 4.2%, as expected.
Following the not-too-hot, not-too-cold unemployment data, fed funds futures trading data reflected an 85% likelihood of another rate cut in two weeks to 85%, according to the CME Group’s FedWatch Tool.
Persons:
Dow, Dow Jones, ”, Luke O’Neill, “ It’s, Jerome Powell
Organizations:
Nasdaq, Federal Reserve, Tech, Dow Jones, Dow, Catalyst Funds, Fed
Locations:
U.S