The New York Stock Exchange started mixed on the 7th (local time) as it absorbed the employment figures released that day.
On that day, the Dow Jones Industrial Average, which focuses on blue-chip stocks, recorded a decline of 125.65 points (0.28%) to 44,747.63 at 9:20 a.m. (Eastern time).
In contrast, the Standard and Poor's (S&P) 500 index, which focuses on large-cap stocks, rose by 22.09 points (0.36%) to 6,083.57, while the Nasdaq index, centered on technology stocks, climbed by 99.66 points (0.51%) to 19,791.99 during transactions.
According to the U.S. Department of Labor's Bureau of Labor Statistics, non-farm employment in the U.S. increased by 143,000 in January compared to the previous month. This figure fell short of Bloomberg's forecast (175,000). The previous month's job gain was revised upward from 256,000 to 307,000.
The U.S. unemployment rate was 4.0%, a slight decline from the previous month (4.1%). It was below expert expectations (4.1%). The U-6 unemployment rate, which includes involuntary part-time workers, remained at 7.5%.
Regarding these figures, Goldman Sachs noted, "Although the rate of job growth has slowed, it remains at a solid level, and the pace of rate cuts may be somewhat delayed." Reuters analyzed that after the job data was released that day, "Investors expect the Federal Reserve to adopt a more cautious stance."