Stocks Up Midday Despite Mixed Earnings; Jobs Report Beats, Fed Rate Cut Expected
- Dow Jones holds modest gain near midday despite Honeywell acquisition announcement
- November jobs report tops estimates; unemployment rate falls to 3.7%
- Bond yields rise, boosting stocks; traders expect first Fed rate cut in May
- Lululemon stock drops despite strong earnings growth on lukewarm holiday outlook
- Microsoft, Apple, Chevron outperform early in Dow Jones index