{"id":48874,"date":"2025-02-07T15:01:43","date_gmt":"2025-02-07T15:01:43","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/"},"modified":"2025-02-07T15:01:43","modified_gmt":"2025-02-07T15:01:43","slug":"stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/","title":{"rendered":"Stock Market Today: Market Awaits Jobs Report as Tech Earnings Shake Up Sentiment"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Market_Indexes_Hold_Steady_Ahead_of_Crucial_Economic_Data\" >Market Indexes Hold Steady Ahead of Crucial Economic Data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Jobs_Report_in_Focus\" >Jobs Report in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Tech_Earnings_Shake_Up_After-Hours_Trading\" >Tech Earnings Shake Up After-Hours Trading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Upcoming_Market_Events\" >Upcoming Market Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Major_Stock_News\" >Major Stock News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Global_Market_Outlook\" >Global Market Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-market-awaits-jobs-report-as-tech-earnings-shake-up-sentiment\/48874\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Indexes_Hold_Steady_Ahead_of_Crucial_Economic_Data\"><\/span>Market Indexes Hold Steady Ahead of Crucial Economic Data<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As of Friday, February 7, 2025, the stock market is poised for a cautious opening as investors eagerly await the release of the January jobs report. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a>, Nasdaq Composite, and <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average are showing minimal movement in <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a>, reflecting the market&#8217;s anticipation of this crucial economic indicator.<\/p>\n<p><b>Why is the market up today?<\/b> Yesterday&#8217;s trading session saw mixed results, with the S&#038;P 500 and Nasdaq Composite making modest gains of 0.4% and 0.5% respectively, while the Dow Jones Industrial Average experienced a slight dip of 0.3%. The S&#038;P 500 closed at 6,083.57, the Nasdaq Composite at 19,791.99, and the Dow at 44,747.63.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jobs_Report_in_Focus\"><\/span>Jobs Report in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Bureau of Labor Statistics is set to release the January nonfarm payrolls data at 8:30 a.m. ET. Economists polled by Dow Jones anticipate job growth of 169,000, a significant decrease from December&#8217;s 256,000 additions. This report is crucial for understanding the current state of the labor market and could significantly influence market sentiment and Federal Reserve policy decisions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Earnings_Shake_Up_After-Hours_Trading\"><\/span>Tech Earnings Shake Up After-Hours Trading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After the closing bell on Thursday, several major companies reported their quarterly results, causing ripples in after-hours trading:<\/p>\n<p>1. Amazon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMZN\">AMZN<\/a>): Despite beating earnings and revenue expectations, Amazon&#8217;s shares declined 4.1% due to weaker-than-expected revenue guidance for the first quarter.<\/p>\n<p>2. Pinterest (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PINS\">PINS<\/a>): The social media platform saw its stock surge 18.5% after reporting an 18% year-over-year revenue growth and a nearly 3% increase in monthly active users.<\/p>\n<p>3. E.l.f. Beauty (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ELF\">ELF<\/a>): The cosmetics retailer cut its full-year guidance, citing challenges from LA wildfires and reduced TikTok makeup tutorials, leading to a decline in its stock price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events\"><\/span>Upcoming Market Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors should keep an eye on these upcoming events that could impact market movements:<\/p>\n<p>1. Consumer Sentiment: The preliminary Consumer Sentiment report for last month is due today, offering insights into consumer spending patterns.<\/p>\n<p>2. Wholesale Inventories: December&#8217;s Wholesale Inventories report will be released, providing data on business inventory levels.<\/p>\n<p>3. Earnings Reports: Companies including Fortive (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=FTV\">FTV<\/a>), Kimco Realty (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=KIM\">KIM<\/a>), Telus (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TU\">TU<\/a>), and Newell Brands (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NWL\">NWL<\/a>) are scheduled to release their quarterly numbers today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Stock_News\"><\/span>Major Stock News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several stocks are making headlines and could see significant movement today:<\/p>\n<p>1. Eli Lilly and Co. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=LLY\">LLY<\/a>): Reported strong Q4 2024 results, with adjusted earnings per share of $5.32, beating estimates and rising 114% year-over-year.<\/p>\n<p>2. Philip Morris International Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PM\">PM<\/a>): Q4 adjusted earnings per share increased 14% year-over-year, surpassing analyst expectations.<\/p>\n<p>3. XPO Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=XPO\">XPO<\/a>): Exceeded earnings estimates with quarterly adjusted earnings of $0.89 per share, compared to $0.77 a year ago.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Market_Outlook\"><\/span>Global Market Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Asian markets showed mixed performance, with the Hang Seng Index, Shanghai Composite, and Shenzhen Component indices posting gains, while Japan&#8217;s Topix and Nikkei indices declined. European markets are expected to open lower, influenced by the cautious sentiment ahead of the U.S. jobs report.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As we navigate through this pivotal trading day, the <b>stock market news today<\/b> centers around the anticipated jobs report and its potential impact on Federal Reserve policy. Investors are closely monitoring tech earnings and upcoming economic data releases. The <b>market news today<\/b> underscores the delicate balance between economic growth and inflationary pressures, which continue to shape market sentiment and drive stock performance.<\/p>\n<p>Stay tuned for updates as the <b>market news today<\/b> unfolds, potentially answering the question on many investors&#8217; minds: <b>Why is the market up today?<\/b> The jobs report and corporate earnings will likely provide crucial insights into the market&#8217;s direction in the coming weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Indexes Hold Steady Ahead of Crucial Economic Data As of Friday, February 7, 2025, the stock market is poised 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