Big Tech earnings, January jobs report fuel stock rally
02/03/2024 05:41
Stocks rallied in Friday's trading session following a hotter-than-expected January jobs report. The positive economic data coupled with strong big tech earnings propelled gains, with the S&P 500 (^GSPC) index outperforming. Meta Platforms (META) surged over 20% alone after its earnings beat, helping lift tech stocks more broadly. Other tech giants like Nvidia (NVDA) and Amazon (AMZN) also rallied, fueling bullish sentiment in markets. Yahoo Finance's Jared Blikre breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Stocks rallied in Friday's trading session following a hotter-than-expected January jobs report. The positive economic data coupled with strong big tech earnings propelled gains, with the S&P 500 (^GSPC) index outperforming.
Meta Platforms (META) surged over 20% alone after its earnings beat, helping lift tech stocks more broadly. Other tech giants like Nvidia (NVDA) and Amazon (AMZN) also rallied, fueling bullish sentiment in markets.
Yahoo Finance's Jared Blikre breaks down the details.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith