U.S. Payrolls Beat Forecasts, but Sharp Revisions Temper Optimism

U.S. nonfarm payrolls jumped by 130,000 in January, more than double forecasts, while the unemployment rate dipped to 4.3%.However, benchmark revisions wiped out 898,000 jobs from the prior year’s data, showing the economy added just 181,000 jobs in 2025 and highlighting underlying labor market weakness.Stocks reversed early gains, with the Dow down 0.2% near 50,010, the S&P 500 off 0.2%, and the Nasdaq falling 0.5%, as hawkish Fed remarks and AI-related concerns weighed on sentiment.