"Stocks Rise on Tech Windfall and Jobs Report Surge: Market Update"
TL;DR Summary
Stocks mostly rose after a blowout January jobs report, with the S&P 500 and Nasdaq gaining, while the Dow Jones slipped. The US economy added 353,000 jobs in January, surpassing expectations, and all major sectors have now fully recovered from pandemic losses. Tech giants Amazon and Meta delivered strong earnings, while Apple's warning about its China business led to a decline. The data makes a March rate cut from the Federal Reserve seem unlikely.
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- Stock Market Today: Dow Opens Lower After Hot January Jobs Report The Wall Street Journal
- Dow Jones Drops 125 Points On Blowout Jobs Report; Tesla Stock Slides On Recall News Investor's Business Daily
- S&P 500 rises after strong tech earnings, gains kept in check following jobs report: Live updates CNBC
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