Stocks Are Mixed Despite Solid Jobs Report; J.C. Penney Posts Declining Holiday Sales

U.S. stocks turned mixed on Friday despite a solid nonfarm payrolls report in December.

The economy added 156,000 jobs during the month. Although that number was lower than expected, the unemployment rate ticked slightly higher to 4.7%, a sign that more people have entered the workforce. For 2016, 2.2 million jobs were created. That's down from 2.7 million in 2015. Wages rose 2.9% year over year. 

In retail news, the doom and gloom continued. J.C. Penney (JCP) - Get Report said same-store sales fell 0.8% year over year during the holiday shopping season of 2016, though its e-commerce business saw double-digit growth. This comes as Macy's (M) - Get Report and Kohl's (KSS) - Get Report also reported declining same-store sales during the holiday season.