"Tech Earnings Propel Stock Market to Gains Despite Strong Jobs Data"

Stocks rose after a strong January jobs report and robust tech earnings, with the S&P 500 and Nasdaq gaining. Meta's stock surged over 20% after a stellar earnings report and announcement of a $50 billion stock buyback and $0.50-per-share dividend. Apple's earnings beat was overshadowed by concerns about its China business, causing its stock to decline. Oil giant stocks Chevron and ExxonMobil also gained after posting better-than-expected earnings. The US labor market continues to impress, adding 353,000 jobs in January, almost double the expected figure, and surpassing wage estimates.