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U.S. stocks are wavering near break-even in midday trading as investors turn cautious following a weak jobs report and U.S. missile strikes against Syria.
Investors are buying bonds, gold and high-dividend stocks Friday as they seek out relatively safe venues to park money.
Defense contractors are trading higher. Lockheed Martin gained 1.3% and Raytheon increased 1.3%.
The Standard & Poor’s 500 index slipped a fraction to 2,356.
The Dow Jones industrial average was little changed at 20,664. The Nasdaq composite edged down 4 points, or 0.1%, to 5,874.
Rising and falling stocks were evenly split on the New York Stock Exchange.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.33%.
9:05 a.m.: This article has been updated with more recent market information.
This article was originally published at 7 a.m.