S&P 500 and Dow Rise to New Records

2026-02-11 14:34 By Andre Joaquim 1 min. read

US equities were sharply higher on Wednesday after a stronger than expected jobs report reflected a robust economic backdrop for the corporate sector.

The Nasdaq 100 gained 1%, while the S&P 500 added 0.8% and the Dow gained 0.5% for new record highs.

Non-farm payrolls rose by 130K from the pervious month with support from the private sector, more than twice of what was expected, and the unemployment rate unexpectedly dropped.

The figures underscored some level of robustness in the domestic labor market and challenging dovish calls by selected Federal Reserve Governors.

Equity gains were noted broadly among sectors premarket after the jobs report, especially among small-caps and tech, offsetting pessimistic earnings that took headlines.

T-Mobile sank 5% after posting a smaller user growth than expected, and Humana dropped 1% on their earnings.

Robinhood sank 10% after missing their revenue estimate for the fourth quarter, and Mattel plunged 30% after reporting weak holiday sales.



News Stream
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