Department of Labor Unemployment Data | Exxon Mobil Stock up 4%

304,000 New Jobs Created in January

Diana Linn, account manager at Adviser Investments, has the market analysis for Friday, February 1. Major U.S. stock indexes saw minimal movement and mixed results today. The Dow Jones Industrial Average and S&P 500 gained 0.3% and 0.1%, respectively while the NASDAQ fell 0.3%. Meanwhile, the Department of Labor released employment figures, reporting the creation of 304,000 new jobs in January, soaring past estimates of 165,000 new positions in spite of the 35-day federal government shutdown. On the earnings front, ExxonMobil’s stock rose nearly 4% after the company beat fourth-quarter profit expectations.

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