CNBC Business News Update Market Close: Stocks Lower, Value Meals Help Boost Quarter For McDonalds, More Jobs Created In Janaury Than Expected 2/11/26
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Feb 11, 2026 Quick market roundup highlighting movers like IBM, Salesforce and Boeing. A look at McDonald’s traffic gains, value-menu strength and a dividend increase. Surprising payrolls data showing stronger-than-expected January hiring and a dip in unemployment. Discussion of which sectors added jobs, corporate layoffs across industries, and weather-driven demand lifting a power-equipment maker.
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Value Menu Boosts McDonald's Momentum
- McDonald's quarterly strength came from improved traffic and value-focused offerings driving same-store sales gains.
- The company also raised its quarterly dividend 5% to $1.86, signaling confidence to investors.
January Jobs Surprise Masks Slower Hiring
- The Labor Department reported an unexpectedly strong 130,000 jobs added in January, lowering unemployment to 4.3%.
- Economists caution seasonal adjustments and prior revisions show hiring has slowed significantly overall.
Big Names Announce Job Cuts
- Heineken announced cutting 6,000 jobs amid falling beer sales, joining several big firms trimming staff.
- Companies like Salesforce, Workday, UPS, Amazon and others have also announced cuts recently.