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Wall Street closes at record highs after softer US jobs data
US stocks hit record highs as weaker job growth reinforced expectations of slower monetary tightening later in 2026.
US equity benchmarks ended at record levels on January 9 after December employment data showed slower than expected job creation. Nonfarm payrolls increased by 50,000 compared with estimates of 70,000, while the unemployment rate edged up to 4.4%. The Dow Jones, S&P 500, and Nasdaq rose between 0.5% and 0.8%, reflecting optimism that monetary tightening may ease later in 2026.