MARKET DAILY

Midday Market 02/03: Summary of Apple, Amazon, Google ER and January jobs report

US businesses added 517,000 workers in January, far exceeding the expected 188,000

The market opened Friday's trading session with strong fluctuations in the early morning futures session after Apple, Amazon, and Google simultaneously released mixed earnings reports yesterday afternoon. However, the market recovered thanks to the surprisingly strong jobs report, pulling indices back to flat from yesterday's close.

Details of the jobs report:

  • The US added 517,000 workers in January, far exceeding the forecasted 188,000:

  • Most new jobs came from the services sector:

  • This is the 8th consecutive month the jobs report exceeded expectations:

Login to read the full article

Create an account to access premium content.

0

Comments (0)

No comments yet

Be the first to comment