The US added 216,000 jobs in December, far more than the 175,000 economists had been expecting. The unemployment rate remained unchanged at 3.7%. It has led to a volatile day on Wall Street (^DJI, ^GSPC, ^IXIC) as investors try to figure out what the data means for potential rate cuts from the Federal Reserve. One of the biggest movers is Peloton Interactive (PTON). The stock is rallying for a second day after announcing a new partnership with TikTok. Other trending tickers on Yahoo Finance include Medical Properties Trust (MPW), Palantir Technologies (PLTR), and Fisker (FSR).

Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Tony Crescenzi, PIMCO Market Strategist and Portfolio Manager
3:25 p.m. ET - Eugenio Alemán, Raymond James Chief Economist
3:35 p.m. ET - Dave Nadig, VettaFi Financial Futurist
4:05 p.m. ET - Marc Dizard, PNC Asset Management Chief Investment Strategist