US STOCKS-Wall St little changed; jobs data boosts odds of Dec rate hike
* Nonfarm payrolls sharply rise in October
* Unemployment rate hits lowest since April 2008
* Financial stocks rise, utilities slump
* Dow up 0.01 pct, S&P down 0.24 pct, Nasdaq up 0.1 pct (Adds details, updates prices)
By Abhiram Nandakumar
Nov 6 (Reuters) - U.S. stock indexes were little changed in choppy morning trading on Friday after a stronger-than-anticipated jobs report hardened the chance that the Federal Reserve would finally raise interest rates in December.
Eight of the 10 major S&P sectors were lower, with the interest-rate sensitive utilities sector's 3.42 percent decline easily the worst. The financials sector was up 1.25 percent, led by bank stocks.
Job growth in October was the best since December 2014, while the unemployment rate fell to 5 percent, the lowest since April 2008. The jobless rate is now at a level many Fed officials view as consistent with full employment.
"In the short term, this is likely to trigger increased volatility, but if rates edge up and the world doesn't end, markets will start gaining confidence," said Robert Craig, Private Client Investment Manager at MB Capital in London. Continuación...