Stock market today: Dow, S&P 500, Nasdaq rise after jobs surprise with CPI on deck

Company Performance - Cisco Systems (CSCO) stock fell over 7% at the open due to a gloomy profit outlook despite a rise in sales, as the company expects margins to be squeezed by memory costs linked to AI datacenter spending [3] - McDonald's (MCD) shares nudged higher after the burger giant's earnings beat expectations [6] - Upcoming earnings reports to watch include Coinbase (COIN), Applied Materials (AMAT), and Rivian (RIVN), all scheduled for release after the market close [6] Economic Indicators - The Dow Jones Industrial Average (^DJI) increased by approximately 0.5%, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) both gained around 0.3% [2] - Jobless claims showed a smaller decline than expected, with nonfarm payrolls data indicating the US economy added twice as many jobs as anticipated in January, complicating expectations for Federal Reserve policy [5] - Attention is turning to the upcoming Consumer Price Index report, with hopes that a softer reading will indicate easing price pressures while maintaining economic growth [4]