Pre-market futures show a mixed bag with fresh Q4 earnings reports and private-sector jobs numbers impacting market indexes. The Dow is up +142 points, the S&P 500 +10, the Nasdaq -66, and the Russell +12 points. Private sector payrolls for January came in at +22K, with services employment leading the way. Healthcare services saw the most hires, while professional & business services shed jobs.

ADP Chief Economist Nela Richardson states that hiring is following the consumer, not technology. Construction sector job gains may be linked to data-center buildouts. A realignment benchmark shows a decrease in private-sector hires for 2025. The government shutdown delays the non-farm payroll report. Big Pharma companies like Eli Lilly & Co. posted positive Q4 earnings.

Phillips 66 beat earnings estimates with $2.47 per share. AbbVie and Novartis also reported earnings, with Novartis shares up +1.6% and AbbVie down -3%. The next phase of the AI explosion is expected to create significant wealth for investors. Zacks’ AI Boom 2.0 report reveals 4 under-the-radar companies that may lead the next wave of AI innovation.

Read more at Nasdaq: ADP Jobs Lower, Q4 Earnings Reports Up