The Dow turns higher early Friday after opening in negative territory and the technology-laden Nasdaq Composite rose firmly, even as the nonfarm payrolls report for April came in at a fraction of some bullish estimates, raising questions about the timing and pace of the labor-market rebound from COVID.
U.S. Treasury yields were bouncing off their lows on Friday after a jobs report came in well below expectations, drawing puzzlement from analysts who had predicted the U.S. economy would add a million new jobs in April.