Dow climbs 900 points in 9 days

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Stocks close narrowly mixed after jobs report
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Jobs breakdown
Dec. 7: A panel of experts on CNBC analyses the latest employment report for November.
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Data: MSN Money and ComStock

updated 6:08 p.m. ET Dec. 7, 2007
NEW YORK - Wall Street paused from its big rally Friday, with stocks closing narrowly mixed after the government's November labor report showed tepid job growth as well as a pickup in inflation. The major indexes ended the week higher, with the Dow Jones industrials having gained nearly 900 points over nine trading days.

The Labor Department reported 94,000 jobs were added to payrolls in November and that the unemployment rate held steady at 4.7 percent. Thomson/IFR analysts had set a median projection of 100,000 new jobs. The report also showed that average hourly earnings increased 0.5 percent in November, compared with forecasts for a more-modest 0.3 percent.

The report at least temporarily chilled a rally that has left the Dow only 538 points, or 3.8 percent, below the record close it reached on Oct. 9.