WILD RIDE

Markets Close With Mixed Results

Dow jumps on news of European debt progress.

U.S. stocks finished with mixed gains and losses on Friday, as investors responded to progress in today's jobs report and in the eurozone's debt crisis. The Dow edged up 61 points to 11444.61 as investors learned that Italy will speed up austerity measures. Prime Minister Silvio Berlusconi pledged that Italy would balance its budget by 2013, one year earlier than originally planned. "The somewhat stabilizing news out of Europe is allowing us to bounce from very oversold levels," said the co-head of trading at First New York Securities. But the broader S&P 500 closed flat, and the Nasdaq finished down nearly 24 points.