Pre-market trading saw a surge after the US Bureau of Labor Statistics reported +130K new jobs in January, double analysts’ expectations. Unemployment rate dropped to +4.3%, wages increased to +0.4%, and U-6 read fell to 8.0%. Healthcare led job growth, while revisions showed a weaker job market in 2025.

Earnings reports showed Kraft Heinz beat estimates at 67 cents per share, Tower Semiconductor exceeded at 78 cents per share, and T-Mobile reported $2.14 per share but missed subscriber targets. Kraft Heinz shares fell -6%, Tower Semiconductor climbed +7%, and T-Mobile dropped -2.8% in early trading.

Zacks Research Chief picks a stock with money-doubling potential, highlighting one as superior to others. Recommendations like Hims & Hers Health have seen significant gains. Interested investors can access Zacks Investment Research for more insights and recommendations on top stocks for the next 30 days.

Read more at Nasdaq: Best Jobs Report in Months Sends Pre-Markets Higher