BLS Jobs Numbers +143K, Unemployment Rate +4.0%

From Nasdaq: 2025-02-07 10:12:00

On Friday, pre-market futures dipped after the Employment Situation report showed +143K new jobs in January, lower than expected but still indicative of a healthy labor market. Unemployment rate fell to +4.0%, while hourly wages rose to +0.5%. Stock market reacts to potential impact on Fed’s interest rate decisions.

Wholesale inventories, consumer sentiment, and consumer credit reports expected today. Earnings season continues next week with major companies like McDonald’s, Coca-Cola, and Shopify reporting. Investors eye Q4 earnings wrap-up and upcoming big-box retailer reports. Stay updated with Zacks Earnings Calendar for more information.

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