Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," Jeremy Siegel said.
Stocks Drop After Jobs Report Shows Hot U.S. Labor Market—Here’s Why
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
Jobs Report Shows the Economy Is Strong. Why the Stock Market Is Falling Anyway.
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 600 points, or 1.4%,
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
U.S. stocks tumbled on Friday after a blockbuster December jobs report.
Stocks tumble following blowout jobs report
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve.
Dow Falls About 700 Points After Jobs Report Sends Yields Spiking Again
The stock market fell sharply on Friday after a hotter-than-expected December jobs report had Wall Street wondering if the Federal Reserve is done cutting interest rates. The Dow Jones Industrial Average fell about 700 points,
Blowout December Jobs Report Puts Rate Cuts on Ice: What the Experts Are Saying
The December jobs report showed a surprise surge in hiring and an unexpected drop in the unemployment rate. Taken together, the data strengthen the case for the Federal Reserve to maintain its current cautious stance toward lowering borrowing costs,
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
Stock market today: Nasdaq, S&P 500 sink amid cratered hopes for 2025 rate cuts
Moderna ( MRNA) shares sank 23% at the open on Monday after the biotech giant lowered its 2025 sales forecast by $1 billion ...
Stock Market Today: Dow futures extend losses after 697-point tumble as yields rise; S&P 500 election gains may be wiped out; Oil climbs
Bond yields continue to march higher Monday in the wake of jobs data that suggest the Federal Reserve might make little, if ...
Stock Market Today: Nasdaq, S&P 500 Fall; Oil Extends Rally
Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock market today: Dow revives as Nasdaq, S&P 500 slide amid rate-cut fears
The 10-year Treasury yield ( ^TNX) added to recent gains to touch a 14-month high, trading not far off 4.8% as US bonds sold ...
December Jobs Report: Busting The Fed's Labor Market Assessment
US job growth surged in December, surpassing expectations. The services sector drove gains, but wage growth slightly slowed.