Jobs Report and Big Tech Earnings Move Markets
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January jobs report in focus - Analysts expect 187,000 jobs added in January, unemployment to tick up to 3.8%. Could influence Fed rate cut timing.
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Futures mixed ahead of jobs data - Stock futures mostly higher, led by Nasdaq after strong earnings from Meta and Amazon. Key jobs data still to come.
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Meta and Amazon shares soar, Apple disappoints - Meta and Amazon stock jumped after strong earnings. Apple fell on weak iPhone sales and missed revenue targets.
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Nvidia added $296B in market value in January - Surging AI optimism drove huge gains in Nvidia, making it world's most valuable chipmaker.
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Oil heads for 5% weekly loss - Despite small rebound, oil still set for large losses on week after reports of potential Israel-Hamas ceasefire.