Dow Jones Today | US Stock Market Live Updates: The markets have shown mixed signals heading into the release. Dow Jones hit a record 50,135.87, S&P 500 and Nasdaq climbed, led by Nvidia, Broadcom, and Oracle, in the last trading session.
Dow Jones Today | US Stock Market Live Updates: Wall Street would begin Wednesday’s session with markets on edge as investors await January’s US jobs report from the Bureau of Labor Statistics, scheduled for release at 8:30 am ET.
It is one of the most closely watched indicators of economic momentum and will be critical for gauging the strength of the labor market.
The most likely scenario, as JPMorgan US Market Intelligence has outlined, is that the US economy added somewhere between 60,000 to 90,000 jobs in January. This could lead to a gain of 0.25% to 0.75% in the S&P 500.
The markets have shown mixed signals heading into the release. Dow Jones hit a record 50,135.87, S&P 500 and Nasdaq climbed, led by Nvidia, Broadcom, and Oracle, in the last trading session.
Analysts have tempered expectations for January’s employment figures, pointing to signs of slowing job creation in proxy data like the recent ADP private-sector report, which showed only modest gains to start the year. Broad labor market measures last month signaled subdued hiring, making the upcoming official numbers especially important for assessing whether the slowdown persists or the market finds more resilience.
Follow along for LIVE updates: