"Market Reacts to Meta and Amazon Earnings Ahead of Jobs Report: Live Updates"

S&P 500 futures rose after Meta and Amazon reported strong results, with Nasdaq 100 futures also climbing, while Dow Jones Industrial Average futures remained steady. Meta's shares surged 14% after defying analysts' expectations and announcing a dividend and share buyback program, while Amazon's shares jumped 7% on fourth-quarter beats. However, Apple's stock slid 3% due to a decline in sales in China. The market's positive reaction is attributed to optimism about a potential rate cut by the Federal Reserve and better-than-expected earnings. Investors are now awaiting the release of January's jobs report, with economists predicting payroll growth of 185,000 positions and a slight increase in the unemployment rate to 3.8%.