The Dow Jones industrial average fell 91.66 points, or 0.5 percent, to 17,598.20.
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After the bell, shares of Tenet Healthcare rose 2.3 per cent as the company’s second-quarter report pleased investors.
The Institute for Supply Management said the service sector expanded 4.3 percent in July to a record high.
The benchmark S&P 500 Index ended 25.12 points or 1.2% higher at 2,093.25 points.
The Dow Jones Industrial Average lost 79 points, or 0.5%, to 17611.
“There are some openings to pick holes in this report”, said Briefing.com analyst Patrick O’Hare, who nonetheless expects the US Federal Reserve to lift interest rates soon.
Phil Orlando, chief equity strategist and senior portfolio manager at Federate Investors said the jobs report looked good across the board.
American Express fell 0.3 per cent after a US judge threw out a proposed class-action settlement with merchants on litigation over AmEx swiping fee restrictions.
US equities have opened little changed as oil prices rallied and the Chinese stock market notched strong gains following new government measures to counter volatility.
The Nasdaq is up 369.49 points, or 7.8 percent.
Investors also got an update on how the U.S. economy is doing.
The broader U.S. averages, meanwhile, were on pace to end the week in negative territory, with the Dow and Nasdaq looking for more than 1% declines on the week.
ENERGY: Benchmark U.S. crude shed 70 cents to $46.42 a barrel on the New York Mercantile Exchange, near its lowest price in more than four months.
Oil prices fell on fresh evidence of growing oversupply and data highlighting slowing demand in China.
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Etsy, an online marketplace for vintage and handmade goods, sank 22.0 percent after reporting a second-quarter loss of $6.4 million. Social networking companies LinkedIn (-3.0 percent) and Twitter (-5.6 percent) fell, adding to their declines following disappointing earnings last week. Germany’s DAX rose 1.1 percent and France’s CAC 40 gained 0.6 percent.
