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Wall Street wavers following surprisingly strong jobs report

Pedestrians walk past the New York Stock Exchange, Friday, July 8, 2022, in New York. Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the U.S. jobs market released Friday. (AP Photo/John Minchillo) Pedestrians walk past the New York Stock Exchange, Friday, July 8, 2022, in New York. Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the U.S. jobs market released Friday. (AP Photo/John Minchillo) Pedestrians walk past the New York Stock Exchange, Friday, July 8, 2022, in New York. Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the U.S. jobs market released Friday. (AP Photo/John Minchillo) Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the U.S. jobs market released Friday. (AP Photo/John Minchillo) Pedestrians walk past the New York Stock Exchange, Friday, July 8, 2022, in New York. Stocks are swinging between small gains and losses as Wall Street works out what to make of surprisingly strong data on the U.S. jobs market released Friday. (AP Photo/John Minchillo) A currency trader walks by the screens at a foreign exchange dealing room in Seoul, South Korea, Friday, July 8, 2022. Asian stock markets followed Wall Street higher Friday after two Federal Reserve officials said the U.S. economy might avoid a recession and a news report said China might boost construction spending to stimulate its struggling economy. (AP Photo/Lee Jin-man) A currency trader talks near the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Friday, July 8, 2022. Asian stock markets followed Wall Street higher Friday after two Federal Reserve officials said the U.S. economy might avoid a recession and a news report said China might boost construction spending to stimulate its struggling economy. (AP Photo/Lee Jin-man) A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, July 8, 2022. Asian stock markets followed Wall Street higher Friday after two Federal Reserve officials said the U.S. economy might avoid a recession and a news report said China might boost construction spending to stimulate its struggling economy. (AP Photo/Lee Jin-man)