📈Strong earnings and a blowout jobs report pushed the S&P 500 to a new record high.
📊The US added 353,000 jobs in January, exceeding analyst estimates.
💼Meta Platforms surged over 20% after announcing its first dividend, while Amazon shares rose 8% on a fourth-quarter revenue beat.
💰Wage growth unexpectedly heated up, contributing to the positive market sentiment.
📉Volatility is expected in the technology sector, especially in AI-related stocks.
What drove the S&P 500 to a new record high?
—Strong earnings and a blowout jobs report were the main drivers behind the S&P 500 reaching new highs.
How many jobs were added in the US in January?
—The US added 353,000 jobs in January, surpassing analyst estimates.
Which companies saw significant stock gains?
—Meta Platforms surged over 20% after announcing its first dividend, while Amazon shares rose 8% on a fourth-quarter revenue beat.
Was there any significant wage growth?
—Wage growth unexpectedly heated up, contributing to the positive market sentiment.
What can be expected in the technology sector?
—Volatility is expected in the technology sector, especially in AI-related stocks.
00:00The S&P 500 registered another record closing high on Friday.
00:10The US added 353,000 jobs in January, blasting past analyst estimates.
00:19Meta Platforms surged more than 20% to a record high after issuing its first dividend.
00:22Amazon shares jumped roughly 8% following a fourth-quarter revenue beat.
01:22Microchip technology dropped more than 1.5% due to a disappointing sales forecast.
