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jobs, Dow and Stocks
Stock market today: Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%. The tech-heavy Nasdaq Composite ( ^IXIC) tumbled 1.6%. The three major gauges erased all year-to-date gains with Friday's pullback.
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.
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.
13h
December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
7h
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
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