US stocks were mixed in late-morning trade Friday after the government's December jobs report came in largely as expected and the economy's huge services sector showed surprising growth.
The Dow Jones Industrial Index was up 6.14 points (0.05 percent) at 13,397.50 after two hours of trade (1630 GMT) and the broad-based S&P 500 advanced 2.65 points (0.18 percent) to 1,462.02.
The tech-inclined Nasdaq Composite index dropped 3.26 (0.11 percent) to 3,097.31, dragged lower by heavyweight Apple, down 2.8 percent.
The Labor Department reported the US added 155,000 jobs in December and the unemployment rate was unchanged at 7.8 percent, roughly in line with market expectations.
Patrick O'Hare said the report delivered a mixed message of stable job growth that was still not good enough to make a meaningful dent in the unemployment rate.
"In that vein, it was also good but not good enough in our estimation to convince the Fed to withdraw its accommodation anytime soon," O'Hare said.
The latest ISM index on the service sector showed unexpected growth in December, the fastest in 10 months, led by new orders and employment.
Among stocks in focus, pharmaceutical firm Eli Lilly jumped 3.8 percent after issuing a 2013 earnings forecast that exceeded expectations.
Farm fertilizer producer Mosaic rose 2.6 percent following fiscal second-quarter earnings that topped estimates.
Google climbed 1.6 percent. US regulators closed a lengthy antitrust probe into Google on Thursday, saying there was not enough evidence to show the Internet giant manipulated its search results to harm its competitors.
Oil rig operator Transocean leaped 3.9 percent, extending Thursday's gain after agreeing to pay the US $1.4 billion for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Bond prices fell. The yield on the 10-year US Treasury rose to 1.94 percent from 1.86 percent late Thursday, while the 30-year increased to 3.14 percent from 3.07 percent. Bond prices and yields move inversely.
US equities closed lower Thursday amid profit taking after shares rose strongly for two straight sessions driven by Congress's long-awaited deal to avert the economy-crunching fiscal cliff.
The Dow and the S&P 500 both shed 0.2 percent and the Nasdaq lost 0.4 percent.