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Dow plunges 697 points
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.
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.
U.S. added 256,000 non-farm jobs, beating expectations
December jobs report: U.S. added 256,000 non-farm jobs, beating expectations
The economy created 256,000 jobs in December, much stronger than what was predicted by Wall Street experts and more than 40,000 from the previous month, the Labor Department in its report released on Friday.
Jobs Report Today: Economy Added 256,000 Jobs in December, Far Above Forecasts
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Jobs report today: U.S. added booming 256,000 jobs in December, unemployment at 4.1%
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment dipped to 4.1%
17h
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 ...
16h
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 ...
1d
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.
17h
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
1d
Dow Jones Futures: Jobs Report Due With New Tesla Model Y, 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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