- 06Jan
(Reuters) - U.S. stocks cut losses and the Nasdaq turned positive on Friday after a strong jobs report and strength in large-cap Internet stocks.
The U.S. economy added 200,000 jobs in December, the Labor Department reported, topping forecasts, and the jobless rate fell to 8.5 percent, a near three-year low. The data added to strong employment reports on Thursday.
The Dow Jones industrial average .DJI was down 49.42 points, or 0.40 percent, at 12,366.28. The Standard & Poor's 500 Index .SPX was off 2.87 points, or 0.22 percent, at 1,278.19. The Nasdaq Composite Index .IXICwas up 1.78 points, or 0.07 percent, at 2,671.64.
Losses on Nasdaq were limited by Netflix Inc (NFLX.O), which gained 5.3 percent to $83.50, and Amazon.com (AMZN.O), up 3.5 percent to $183.77.
(Reporting By Ryan Vlastelica; editing by Jeffrey Benkoe)
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