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US STOCKS SNAPSHOT-Wall Street cuts gains, turns negative

Friday, 2 Nov 2012 | 2:27 PM ET

NEW YORK, Nov 2 (Reuters) - U.S. stocks cut their gains to turn negative on Friday despite a stronger-than-expected payroll report.

Still, the S&P remained on track for its best week of the past four.

The Dow Jones industrial average was down 42.77 points, or 0.32 percent, at 13,189.85. The Standard & Poor's 500 Index was down 1.89 points, or 0.13 percent, at 1,425.70. The Nasdaq Composite Index was down 8.43 points, or 0.28 percent, at 3,011.63.