US Markets Open Flat Following Jobs Data

Despite a weaker-than-expected jobs report, major US stock markets opened mostly flat on Friday. Investors are closely analyzing the latest employment figures, which showed a rise of only 143,000 nonfarm payrolls in January, below what was projected.

Unemployment Rate Dips Slightly

The unemployment rate slightly decreased to 4% from December's 4.1%, with the total number of unemployed individuals at 6.8 million. This minor improvement was not enough to significantly impact market movements at the opening.

Tech Stocks Lead Slight Gains

While the Dow Jones Industrial Average and the S&P 500 remained flat, the Nasdaq 100 saw a modest increase of 0.10%. Significant gains were observed in TakeTwo Interactive Software Inc., which soared by 9.51%, and Fortinet Inc., which jumped by 4.57%.

Euro Slightly Down Against Dollar

In currency markets, the euro traded 0.09% lower against the dollar at 3:58 pm ET, selling for $1.03783. This slight movement reflects the ongoing adjustments in the forex market in response to the latest economic indicators.