Economic Indicators - U.S. jobs growth significantly strengthened in January 2026, with 130,000 jobs added, surpassing economist forecasts of 70,000 jobs and an increase from December's growth of 48,000 jobs [1] - The unemployment rate decreased to 4.3%, better than the forecast of 4.4% and matching December's rate [1] Market Reactions - Following the strong job data, bitcoin rose to $67,500, although it was still down 2% over the past 24 hours [2] - U.S. stock index futures showed modest gains, with the Nasdaq 100 up by 0.55% and the S&P 500 by 0.5% [2] - The dollar, which was lower earlier, increased in value, and the 10-year U.S. Treasury yield rose by five basis points to 4.20% [2] Federal Reserve Policy - The Federal Reserve maintained its interest rate policy during the January meeting, showing little inclination to resume rate cuts in March [3] - Prior to the job report, interest rate traders estimated a 21% chance of a rate cut in March, which decreased to 19% after the report [3]
U.S. added stronger than expected 130,000 jobs in January, with unemployment rate falling to 4.3%
Yahoo Finance·2026-02-11 13:34