Wall St ends flat with positive bias; Crude down nearly 3%

ALSO READ See how Asian markets are doing

The US markets ended flat with a positive bias after a rocky session as investors juggled a disappointing jobs report and some analyst upgrades. Also Read - How ADRs performed

General Electric was the biggest gainer on the Dow, up 6.2%, after Oppenheimer and Bernstein raised their ratings on the stock to outperform. The Dow Jones Industrial Average rose 0.2%, to close at 10,023. The S&P 500 and Nasdaq indices each gained about 0.3%.

However, for the week, the indices saw good gains - with all three the Dow, Nasdaq and S&P 500 were up around 3%.

The economic data for the day came in worse than expected. The labour department said employers cut 190,000 jobs in October and the unemployment rate jumped to 10.2% its highest level in more than 26 years. In other data, wholesale inventories fell 0.9% in September and consumer borrowing fell by USD 14.8 billion in September.

Crude prices fell nearly 3% to below the USD 78 mark after US jobless rate jumped to a 26-year high.

The base metals pack also remained mostly down.

In currencies, the dollar fell against the yen and the euro. The currency was decreased nearly 1% against the yen. The dollar index continued to trade below the 78 mark.