U.S. stock indexes settled for a mixed close and benchmark Treasury yields rebounded after a U.S. jobs report showed an uptick in unemployment, cementing expectations that the Federal Reserve will let interest rates stand at its September meeting.
The three major indexes gave up earlier advances, losing momentum as the session progressed and investors digested the data ahead of the long U.S. holiday weekend.
The S&P 500 and the Dow ended modestly green, while the tech-laded Nasdaq closed nearly unchanged.