Stock market today: Dow, S&P 500, Nasdaq futures climb as January jobs report exceeds expectations

Economic Data Summary - The US economy added 130,000 jobs in January, significantly exceeding expectations of 65,000 jobs added for the month [5][6] - The unemployment rate decreased slightly to 4.3% from 4.4% [6] - Revisions to 2025 payrolls showed a decrease in job growth to 181,000 from a previously reported 584,000, marking the weakest annual job growth outside of a recession since 2003 [2][6] Market Reactions - US stock futures rose in premarket trading, with Dow Jones Industrial Average futures up approximately 0.5%, S&P 500 contracts rising 0.6%, and Nasdaq 100 gaining about 0.8% [1] - The positive January jobs data has influenced market expectations regarding Federal Reserve rate cuts, with over 40% of traders anticipating the Fed will hold rates steady through June [4] Corporate Earnings Insights - Earnings season is expected to provide further insights into consumer behavior and corporate performance, with companies like McDonald's and Kraft Heinz reporting [5] - Kraft Heinz announced a pause in its plans to split into two companies, with a commitment to invest $600 million in marketing, sales, research and development, and pricing [11][12] - The company reported adjusted earnings of $0.67, beating expectations of $0.61, while revenue was slightly below expectations at $6.35 billion compared to the anticipated $6.37 billion [13]