(Il Sole 24 Ore Radiocor) - Milano, 11 feb - US shares were trading higher at midday after key jobs data came in stronger than expected.

The delayed non-farm payrolls report showed jobs grew by 130,000 in January compared to expectations of just 66,000.

At the same time the unemployment rate fell to 4.3% from the previous month's 4.4%.

Investors had been looking for confirmation of recent indications of a fragile labor market which might offset concern over stubborn inflation and prompt earlier-than-expected monetary easing by the Federal Reserve.

On the stocks front, shares in Mattel slid 24.03% after the toy company missed expectations and gave underwhelming guidance. Robinhood shares were down 11.53% after its cryptocurrency business slumped while shares in health insurer Humana were losing 4.03% after saying it expected a steep drop in 2026 earnings. Ride-hailing platform Lyft dropped 13% after its latest quarterly results.

Cisco is set to report its latest earnings after market close.

At 1615 GMT, the Dow Jones was down 120.35 points, or 0.24%, at 50,067,79 points.

The S&P 500 was 6.33 points, or 0.09%, higher at 6,948.14 points.

The Nasdaq was losing 27.08 points, or 0.12%, at 23,075.40.

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(RADIOCOR) 11-02-26 17:25:49 (0576) 5 NNNN