Stock Futures Up Despite Disappointing Jobs Report

Stock indexes ended mostly higher after wavering for much of the day. The gains were minuscule, however, and there were a number of signs that investors were being cautious. Prices rose for bonds and gold, traditional "go-to" assets for nervous investors. Utilities and other kinds of low-risk, high-dividend stocks also rose as investors sought safe places to park money. "We need to see more evidence before concluding that all the other (economic) indicators are wrong and the jobs data is correct," said Kate Warne, a market strategist with Edward Jones. The Dow Jones Industrial average fell 7.71 points, or less than 0.1 percent, to 16,437.05. If not for a slump in Chevron, which reported a decline in oil and gas production late Thursday, the index would have risen slightly. The Standard & Poor's 500 index rose 4.24 points, or 0.2 percent, to 1,842.37 and the Nasdaq composite rose 18.47 points, or 0.4 percent, to 4,174.66.

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