January Nonfarm Payrolls Well Below Expectations
From Nasdaq: 2025-02-07 10:42:00
Pre-market futures slightly dipped after the Employment Situation report, with lower-than-expected job growth in January. Unemployment rate fell to 4.0%, hourly wages rose 0.5%, and year-over-year wage growth hit 4.1%. Stock market may not see rate cuts soon. Expect more economic reports and earnings releases next week, including big names like McDonald’s, Coca-Cola, and Cisco Systems. The demand for nuclear energy is growing, with leaders committing to triple capacities. Download a free report on nuclear energy opportunities and top stocks to watch. CocaCola, Cisco Systems, Lowe’s, McDonald’s, Honda, and Shopify offer free stock analysis reports.
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