Jobs Report: Hiring Is Soft But Unemployment Falls (Live Coverage)

The December jobs report showed soft private-sector hiring, but the unemployment rate dropped from November's four-year high. S&P 500 futures slightly added to slim gains after the data as Wall Street weighed the implications for Federal Reserve rate cuts. Stocks got an early lift thanks to stronger-than-expected December revenue growth for Taiwan Semiconductor and Meta Platforms' power agreements with Vistra and Oklo.