US Equity Markets Mixed Amid Jobs Data, Higher Government Bond Yields

US equity indexes were mixed Wednesday as investors weighed a strong jobs report and a rise in government bond yields.

* Total nonfarm payrolls rose by 130,000 in January, the Bureau of Labor Statistics said, double the 65,000 gain expected in a Bloomberg poll. December was revised lower by 2,000 to 48,000, while November was adjusted downward by 15,000 to 41,000, the Bureau added.

* The unemployment rate fell to 4.3%, while the market expected it to hold steady at December's 4.4% print.

* The probability of the Federal Reserve leaving interest rates unchanged at its next policy meeting in March rose to 94.1% from 79.9% a day ago, according to the CME FedWatch tool.

* March West Texas Intermediate crude oil rose $1.00 to settle at $64.96 per barrel, while April Brent crude, the global benchmark, was last seen up $0.91 at $69.72.

* Generac (GNRC) shares rose roughly 18%, the top gainer on the S&P 500, after the company said it expects net sales growth in the mid-teens in 2026 from $4.21 billion a year ago. Analysts polled by FactSet expect $4.72 billion.

* Robinhood Markets (HOOD) shares fell about 8.8%, among the worst performers on the S&P 500, after the company reported a decline in Q4 net income while revenue missed market expectations.