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Dow plunges 697 points
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.
Stock market today: Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid that tone and after the jobs showing, markets are pricing in no easing before July, per the CME FedWatch Tool.
Stock Market News: Dow Falls Sharply After Strong December Jobs Report
The Dow, the S&P 500, and the Nasdaq Composite fell Friday as the stock market digested a strong December jobs report.
Dow tumbles more than 750 points following blowout jobs report
US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign.
Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, inflation worries
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid that tone and after the jobs showing, markets are pricing in no easing before July, per the CME FedWatch Tool.
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,
Why the blowout jobs report is tanking stocks and sending yields spiking
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris Financial Group said.
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
December jobs reports has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
US jobs report smashes expectations as unemployment rate falls to 4.1%
The US job market delivered a shocker in December, obliterating forecasts with a surge in job creation and a drop in the unemployment rate. Nonfarm payrolls skyrocketed by 256,000, blowing past the Dow Jones estimate of 155,
27m
Stock Market Today: Dow finishes down almost 700 points as jump in Treasury yields sparks selloff
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
Investor's Business Daily on MSN
30m
Stock Market Today: Dow Jones Trims Losses On Bloody Day; Insurance Stock Feels Heat From Wildfires (Live Coverage)
Dow Jones trimmed larger losses on the stock market today as the major indexes sold off on a strong jobs report. Selling was ...
41m
on MSN
Dow plunges nearly 700 points in response to good economic news. We can explain.
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government ...
1h
Dow ends down almost 700 points as jobs report sparks jump in Treasury yields
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost 700 points. The Dow closed 1.6% lower, while the S&P 500 slumped 1.5% and the ...
Hosted on MSN
9h
Dow Jones Futures Fall With Jobs Report Due; New Tesla Model Y, Delta, Nvidia Chipmaker In Focus
Nvidia chipmaker Taiwan Semiconductor reported strong sales. Tesla launched the new Model Y in China. The jobs report looms.
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