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Dow plunges 697 points
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 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.
Nasdaq, S&P, and Dow fall sharply as jobs report comes in hot
Wall Street's major averages tumbled on Friday, as investors digested the hotter than expected jobs report. Early on and the S&P 500 (SP500) was -1.3%, the Nasdaq Composite (COMP:IND) was -1.5%, and the Dow (DJI) was -1.
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.
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 technology-heavy Nasdaq Composite dropped 1.
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.
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.
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 Comes in Much Stronger Than Expected
The new jobs report is out, and hiring was much stronger than expected in December. The robust number is expected to further dampen the Federal Reserve's appetite for rate cuts. Details: ・The number: Employers added 256,
1h
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 ...
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2h
Stock Market Today: Dow Jones Loses 600 Points As Airline Stocks Take Off (Live Coverage)
Dow Jones showed steep losses on the stock market today as the major indexes sold off on a robust jobs report. Delta Air ...
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