"Tech Earnings and Jobs Report Propel Nasdaq and S&P to Gains"

TL;DR Summary
The Nasdaq, S&P, and Dow advanced on the back of a stronger-than-expected non-farm payrolls report and strong earnings from Meta Platforms and Amazon. However, Apple's disappointing results in China tempered the Dow's gains. The non-farm payrolls report showed a significant upside surprise, with payrolls at +353K and an unemployment rate of 3.7%. Additionally, the 10-year Treasury yield rose to 4.03%, and the 2-year yield increased to 4.37%. Consumer sentiment improved, while December factory orders slightly missed expectations.
- Nasdaq, S&P, Dow advance on Meta, Amazon earnings and a stronger jobs report Seeking Alpha
- Nasdaq jumps 1% after strong tech earnings: Live updates CNBC
- Stock market today: Stocks mostly rise after jobs report whopper, tech earnings Yahoo Finance
- Stock Market Today: Dow, S&P Live Updates for February 2 Bloomberg
- Stock Market Today: S&P 500, Nasdaq jump as Meta shares soar; Dow edges up after strong January payrolls MarketWatch
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
73%
287 → 77 words
Want the full story? Read the original article
Read on Seeking Alpha