Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks IPOs and placings
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
US open: Stocks jump on jobs data, Meta and Amazon spike higher
(Sharecast News) - Stocks on Wall Street pushed back towards their record highs following the release of a sizzling hot January jobs report. "That said this wasn't bad news for US markets given that the prospect of a recession looks even further away than ever, but also means that on an economic basis a resilient US economy should mean company earnings hold up," Michael Hewson at CMC Markets explained.
At 1636 GMT, the Dow Jones Industrial was just 0.03% higher at 38,530.44, but the S&P 500 was at a fresh high of 4,946.58 after adding on 0.82%.
The Nasdaq Composite was ahead by 1.35% to 15,567.79, bolstered by spikes in the share prices of Meta Platforms and Amazon.com on the back of their latest quarterly results.
Shares of the former did especially well after management unveiled an inaugural dividend of 50 US cents per share and and a $50bn share buyback programme.
Amazon meanwhile posted fourth quarter earnings per share of $1.0 (consensus: 80 US cents).
Apple shares however dipped 0.44% with Hewson highlighting how the company's sales in the Greater China region had come in "well short" of analysts' estimates.
Fixed income investors however were getting knocked about a little, as the yield on the benchmark 10-year U.S. Treasury note jumped 16 basis points to 4.04%.
According to the Department of Labor, non-farm payrolls surged by 353,000 in January (consensus: 180,000), alongside a 0.6% month-on-month rise in average hourly earnings (consensus: 0.3%).
That was on top of big revisions to non-farm payrolls numbers for across the second half of 2023.
Dow Jones - Risers
Chevron Corp. (CVX) $152.40 3.05% Microsoft Corp. (MSFT) $408.74 1.23% Caterpillar Inc. (CAT) $311.31 1.18% Travelers Company Inc. (TRV) $214.20 1.03% American Express Co. (AXP) $204.98 0.87% Salesforce.Com Inc. (CRM) $286.14 0.83% Merck & Co. Inc. (MRK) $127.21 0.66% JP Morgan Chase & Co. (JPM) $174.85 0.64% Unitedhealth Group Inc. (UNH) $510.29 0.62% Goldman Sachs Group Inc. (GS) $385.58 0.45%
Dow Jones - Fallers
Walgreens Boots Alliance, Inc. (WBA) $22.69 -2.41% Intel Corp. (INTC) $42.42 -2.18% Home Depot Inc. (HD) $354.58 -1.52% Nike Inc. (NKE) $100.21 -1.52% Boeing Co. (BA) $206.98 -1.35% McDonald's Corp. (MCD) $294.58 -1.18% 3M Co. (MMM) $94.93 -1.03% Amgen Inc. (AMGN) $321.28 -1.01% Johnson & Johnson (JNJ) $156.84 -0.96% Coca-Cola Co. (KO) $60.49 -0.81%
S&P 500 - Risers
Meta Platforms Inc. (META) $476.76 20.77% Edwards Lifesciences Corp. (EW) $85.06 8.07% Amazon.Com Inc. (AMZN) $170.97 7.34% CIGNA Corp. (CI) $326.31 6.18% Clorox Co. (CLX) $155.13 4.79% Hartford Financial Services Group Inc. (HIG) $91.16 4.70% Arista Networks Inc. (ANET) $274.51 4.38% W.W. Grainger Inc. (GWW) $961.72 4.24% Nvidia Corp. (NVDA) $655.06 3.93% Mattel Inc. (MAT) $18.95 3.72%
S&P 500 - Fallers
Gen Digital Inc. (GEN) $19.70 -17.62% Charter Communications Inc. (CHTR) $326.91 -14.50% Nektar Therapeutics (NKTR) $0.54 -6.90% Newmont Corporation (NEM) $33.95 -4.66% National Oilwell Varco Inc. (NOV) $18.95 -4.53% Boston Properties Inc. (BXP) $63.05 -3.43% Royal Caribbean Cr (RCL) $122.62 -3.42% American Tower Corp (Reit) (AMT) $192.22 -3.11% Healthpeak Properties, Inc (PEAK) $18.24 -3.08% Sba Communications Corp. (SBAC) $223.84 -3.07%
Nasdaq 100 - Risers
Meta Platforms Inc. (META) $476.76 20.77% Amazon.Com Inc. (AMZN) $170.97 7.34% Nvidia Corp. (NVDA) $655.06 3.93% J.B. Hunt Transport Services Inc. (JBHT) $206.39 2.29% Cadence Design Systems Inc. (CDNS) $296.95 2.21% Broadcom Inc. (AVGO) $1,224.98 2.08% American Airlines Group (AAL) $14.61 1.92% Synopsys Inc. (SNPS) $548.85 1.64% Mercadolibre Inc. (MELI) $1,772.06 1.36% Microsoft Corp. (MSFT) $408.74 1.23%
Nasdaq 100 - Fallers
Gen Digital Inc. (GEN) $19.70 -17.62% Charter Communications Inc. (CHTR) $326.91 -14.50% Comcast Corp. (CMCSA) $45.31 -3.05% Tesla Inc (TSLA) $183.18 -3.01% Hologic Inc. (HOLX) $72.23 -2.93% JD.com, Inc. (JD) $21.62 -2.70% Skyworks Solutions Inc. (SWKS) $100.29 -2.60% Walgreens Boots Alliance, Inc. (WBA) $22.69 -2.41% NetEase Inc. Ads (NTES) $98.64 -2.24% Sirius XM Holdings Inc (SIRI) $5.11 -2.20%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
