Wall Street futures rise as strong jobs data boosts economic outlook

US stock futures rose Wednesday as strong January payrolls signaled economic resilience. The robust data tempered market hopes for early interest rate cuts.

Insights:
The January employment report for the US USUS revealed today that nonfarm payrolls increased by 130,000, significantly exceeding the Reuters-polled estimate of 70,000. According to the data announced on February 11, 2026, the unemployment rate stood at 4.3%. This stronger-than-expected growth in U.S. nonfarm payrolls has immediately altered market pricing regarding the Federal Reserve and its expected interest-rate path.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 9, 2026. REUTERS/Brendan McDermid
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 9, 2026. REUTERS/Brendan McDermid
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