US stocks open in the green after strong jobs data: Nasdaq climbs around 1%
Invezz·2026-02-11 14:43

Core Insights - US equities rose following a stronger-than-expected January jobs report, alleviating concerns about economic slowdown and reinforcing confidence in the labor market [1] Jobs Report Analysis - The January nonfarm payrolls report indicated that US employers added 130,000 jobs, significantly surpassing the forecast of 55,000 jobs [1] - The unemployment rate decreased to 4.3%, slightly better than the expected 4.4%, suggesting ongoing labor market stability [1] - Despite the positive January data, annual benchmark revisions revealed that only 181,000 jobs were added in 2025, a substantial decrease from the previously reported 584,000 [1] Market Reactions - The Dow Jones Industrial Average increased by 207 points (approximately 0.4%), the S&P 500 rose by 0.6%, and the Nasdaq Composite advanced by 0.8% in response to the jobs report [1] - The gains followed a previous session where markets were pressured by disappointing retail sales data, indicating that consumer spending was flat in December [1] Future Outlook - With the labor market showing renewed strength, attention is shifting to upcoming inflation indicators, particularly the January Consumer Price Index, which is expected to influence monetary policy expectations [1]

US stocks open in the green after strong jobs data: Nasdaq climbs around 1% - Reportify