India, March 5 -- After moving sharply lower over the past few sessions, stocks have seen considerable volatility in morning trading on Friday. The major averages have shown wild swings on the day, facing difficulty sustaining any significant moves.

Currently, the major averages are turning in a mixed performance. While the Nasdaq is down 61.04 points or 0.5 percent at 12,662.43, the Dow is up 179.58 points or 0.6 percent at 31,103.72 and the S&P 500 is up 12.05 points or 0.3 percent at 3,780.52.

The volatility on Wall Street comes after the Labor Department released a report showing much stronger than expected job growth in the month of February.

The Labor Department said non-farm payroll employment jumped by 379,000 jobs in February ...