Intel's stock rose 2.6% after President Trump announced a positive meeting with CEO Lip-Bu Tan, amid anticipation of key U.S. jobs data and trade decisions that influence market sentiment.
Donald Trump posted an unreleased jobs report chart on Truth Social, which the White House called an inadvertent disclosure, prompting reviews of data release protocols. The incident drew criticism, with some suggesting it was an attempt to distract from economic issues, and is reminiscent of a similar episode during Trump's first term.
President Donald Trump inadvertently revealed some of Friday's jobs data early through a social media post, violating federal policy on statistical releases. The post indicated private sector job growth for 2025 and provided a preliminary look at December's employment figures, which slightly exceeded economist estimates and boosted market confidence. The White House acknowledged the accidental disclosure and is reviewing protocols, while emphasizing the positive economic impact of Trump's policies.
President Donald Trump posted a chart on social media with December employment figures before their official release, partially revealing pre-released data and raising concerns about protocol breaches and market influence. The White House acknowledged the inadvertent disclosure, prompting a review of release protocols, amid broader issues of data trust and politicization.
The stock market experienced a decline in the Dow Jones after mixed jobs data was released, while cannabis stocks saw significant gains, reflecting varied investor reactions to recent economic indicators.
The US dollar declined to a two-month low after stronger-than-expected jobs growth data, which may influence the Federal Reserve's interest rate decisions. Meanwhile, other major currencies like the euro and sterling gained, supported by regional economic data and central bank expectations. Cryptocurrency markets showed mixed movements, with Bitcoin rising and Ether falling.
U.S. stocks rose despite lower-than-expected private sector jobs data, with the Nasdaq and S&P 500 gaining modestly, while Microsoft shares declined temporarily. The jobs report showed a decline in employment, especially among small businesses, but larger firms added jobs, indicating a mixed labor market. Other economic indicators like PMI and ISM services index showed slight variations, and Bitcoin continued its recovery. Bond yields fell slightly, and major companies like Salesforce and Snowflake are set to report earnings.
Stock futures rose on Wall Street following a surprise drop in jobs data, with Nvidia extending its gains and several companies reporting strong earnings, while the market reacts to economic indicators like the lower Treasury yield and rising oil prices.
The stock market rose today with the Dow and S&P 500 gaining on better-than-expected jobs data, while AMD fell despite strong earnings, highlighting mixed market reactions to economic indicators and corporate results.
Asian stocks rose on expectations of U.S. Federal Reserve rate cuts and Australian shares hit record highs after weak jobs data increased bets of further easing by the Reserve Bank of Australia, despite ongoing US-China trade tensions.
The White House withdrew E.J. Antoni's nomination to lead the BLS after concerns over his past incendiary social media activity and lack of support from key senators, amid ongoing debates about the politicization of US economic data.
U.S. stock futures are stable as investors await key jobs data, with market concerns centered on AI valuations and labor market conditions. Intel shares rose after reports of seeking investment from Apple, amid ongoing industry discussions and recent market declines influenced by AI sector volatility and economic indicators like jobless claims and Fed policy comments.
Erika McEntarfer, former BLS commissioner, was unexpectedly fired after reporting weak jobs data, raising concerns about political influence on economic statistics and the independence of the BLS. Her dismissal followed her comments on revisions to employment figures, which President Trump claimed were manipulated, though experts say revisions are routine. McEntarfer criticized the move as a threat to economic stability and the integrity of official data.
Options traders are focusing on upcoming US jobs data and Fed rate decisions, with expectations of limited immediate volatility despite significant events like the Fed meeting and options expiry, as market participants await employment figures for clues on future rate cuts and market direction.
The Labor Department's Office of Inspector General has launched an investigation into how the Bureau of Labor Statistics collects and reports jobs and inflation data, amid concerns over recent data revisions and political influence, especially following the firing of BLS Commissioner Erika McEntarfer by President Trump.