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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.
Dow tumbles nearly 700 points Friday as strong jobs report casts doubt over Fed's rate-cut path
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, while the Nasdaq Composite fell 1.63% to 19,161.63. Friday's losses pushed the major benchmarks into the red for 2025.
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.
4h
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 ...
5h
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 ...
Hosted on MSN
14h
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.
2d
on MSN
ADP: December private payroll growth lower than expected at 122,000
Private employers added 122,000 seasonally adjusted U.S. jobs in December, according to a Wednesday report from payroll ...
18h
Stock futures lower ahead of the jobs data
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs market. Dow Jones Industrial Average futures fell 41 points, or 0.1%, to ...
16h
on MSN
U.S. to release December jobs figures amid 'uneasy' status quo in labor market
Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect ...
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