Wall Street higher in choppy trading after jobs data

The Fed has targeted a 2 percent annual inflation as a precursor to a sustained rise in interest rates. "The number was strong enough to worry investors about the Fed's desire to move again in March, and yet was not so strong to put on the table a higher-than-a-coin-toss probability that it occurs in March," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.