Wall Street today: US stocks mixed after labor market data

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US stocks were mixed on Thursday as investors parsed through mixed labor market data.

At the opening bell, the Dow Jones Industrial Average rose 81.4 points, or 0.20%, to 41056.33. The S&P 500 was flat at 5520.08​, while the Nasdaq Composite dropped 21.1 points, or 0.12%, to 17063.237. 

Gold prices rose on Thursday, fuelled by wide expectations of a deeper US Federal Reserve rate-cutting cycle starting this month.

Spot gold was up 1.0% at $2,518.92 per ounce by 1221 GMT.

Spot silver gained 1.6% to $28.74.

Oil prices inched higher on Thursday, with OPEC close to agreement on postponing a planned production increase.

Brent traded above $73 a barrel.

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