US Stock Markets React to January Jobs Data

Following the release of weaker-than-expected employment figures, major US stock markets opened with mixed reactions on Friday. The Bureau of Labor Statistics revealed that nonfarm payrolls increased by 143,000 in January, missing the mark on projections. Despite this, the unemployment rate slightly decreased to 4% from December's 4.1%, with the total number of unemployed individuals standing at 6.8 million.

Market Movements and Currency Fluctuations

At the opening, the Dow Jones Industrial Average and the S&P 500 both showed little change. In contrast, the Nasdaq 100 saw a modest increase of 0.10%, buoyed by significant gains from TakeTwo Interactive Software Inc. and Fortinet Inc., which soared by 9.51% and jumped by 4.57%, respectively. Meanwhile, the euro experienced a slight decrease of 0.09% against the dollar, trading at $1.03783 by 3:58 pm ET.