{"id":37842,"date":"2025-03-07T08:17:50","date_gmt":"2025-03-07T11:17:50","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/03\/07\/stocks-rebound-before-jobs-report-broadcom-soars-16-bitcoin-struggles-below-89k\/"},"modified":"2025-03-07T08:17:50","modified_gmt":"2025-03-07T11:17:50","slug":"stocks-rebound-before-jobs-report-broadcom-soars-16-bitcoin-struggles-below-89k","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/03\/07\/stocks-rebound-before-jobs-report-broadcom-soars-16-bitcoin-struggles-below-89k\/","title":{"rendered":"Stocks Rebound Before Jobs Report; Broadcom Soars 16%, Bitcoin Struggles Below $89K"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Meanwhile, the <a href=\"https:\/\/www.fxempire.com\/macro\/united-states\/non-farm-payrolls\" target=\"_blank\" rel=\"noopener noreferrer\">February jobs report<\/a>\u00a0is set to be a major market-moving event. Economists polled by Dow Jones expect the U.S. to have added 170,000 jobs, with the <a href=\"https:\/\/www.fxempire.com\/macro\/united-states\/unemployment-rate\" target=\"_blank\" rel=\"noopener noreferrer\">unemployment rate<\/a> holding steady at 4%. A stronger-than-expected report could reinforce concerns that the Fed will maintain higher interest rates for longer, while weaker data may reignite speculation about rate cuts.<\/p>\n<h2 id=\"stock-market-futures-rebound-after-thursday\u2019s-selloff\">Stock Market: Futures Rebound After Thursday\u2019s Sell-Off<\/h2>\n<p>Stock futures are pointing higher in early trading on Friday following Thursday\u2019s sharp declines. Dow futures rose 63 points (+0.15%), while <a href=\"https:\/\/www.fxempire.com\/indices\/spx\" target=\"_blank\" rel=\"noopener noreferrer\">S&amp;P 500 futures<\/a> gained 0.28%, and Nasdaq 100 futures led with a 0.42% advance.<\/p>\n<p>On Thursday, equities tumbled as investors struggled to digest shifting trade policies. The Dow lost more than 400 points, while the Nasdaq Composite officially entered correction territory, down over 10% from its recent high. The S&amp;P 500 is now down 3.6% for the week, the Dow has lost 2.9%, and the Nasdaq has fallen 4.1%.<\/p>\n<p>\u201cMarkets are struggling to price in the impact of tariffs, especially when policies seem to be evolving rapidly,\u201d said Jamie Cox, managing partner at Harris Financial Group.<\/p>\n<p><a href=\"https:\/\/www.fxempire.com\/stocks\/avgo\" target=\"_blank\" rel=\"noopener noreferrer\">Broadcom<\/a> surged 16% in extended trading after reporting stronger-than-expected Q1 earnings, driven by a 77% year-over-year increase in AI-related revenue. The company projects AI semiconductor sales will reach $4.4 billion next quarter, reinforcing expectations of continued demand.<\/p>\n<p><a href=\"https:\/\/www.fxempire.com\/stocks\/cost\">Costco<\/a>, however, delivered mixed results, with revenue exceeding expectations at $63.72 billion but earnings per share missing estimates at $4.02 versus the expected $4.11. CEO Ron Vachris noted that the company is working to minimize the impact of tariffs on consumer prices, but tighter grocery margins remain a challenge.<\/p>\n<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Meanwhile, the February jobs report\u00a0is set to be a major market-moving event. Economists polled by Dow Jones expect the U.S. to have added 170,000 jobs, with the unemployment rate holding steady at 4%. A stronger-than-expected report could reinforce concerns that the Fed will maintain higher interest rates for longer, while weaker data may reignite speculation about rate cuts. Stock Market: Futures Rebound After Thursday\u2019s Sell-Off Stock futures are pointing higher in early trading on Friday following Thursday\u2019s sharp declines. Dow futures rose 63 points (+0.15%), while S&amp;P 500 futures gained 0.28%, and Nasdaq 100 futures led with a 0.42% advance. On Thursday, equities tumbled as investors struggled to digest shifting trade policies. The Dow lost more than 400 points, while the Nasdaq Composite officially entered correction territory, down over 10% from its recent high. The S&amp;P 500 is now down 3.6% for the week, the Dow has lost 2.9%, and the Nasdaq has fallen 4.1%. \u201cMarkets are struggling to price in the impact of tariffs, especially when policies seem to be evolving rapidly,\u201d said Jamie Cox, managing partner at Harris Financial Group. Broadcom surged 16% in extended trading after reporting stronger-than-expected Q1 earnings, driven by a 77% year-over-year increase in AI-related revenue. The company projects AI semiconductor sales will reach $4.4 billion next quarter, reinforcing expectations of continued demand. Costco, however, delivered mixed results, with revenue exceeding expectations at $63.72 billion but earnings per share missing estimates at $4.02 versus the expected $4.11. CEO Ron Vachris noted that the company is working to minimize the impact of tariffs on consumer prices, but tighter grocery margins remain a challenge. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":37843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-37842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/37842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=37842"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/37842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/37843"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=37842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=37842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=37842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}