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.
Investors are on edge as Friday’s jobs report could make or break the stock-market rally
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.
Jobs Report Shows the Economy Is Strong. Why the Stock Market Is Falling Anyway.
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 600 points, or 1.4%,
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 plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
Stock market today: Dow, S&P 500, Nasdaq retreat as crucial jobs report looms
The report is expected to paint a picture of a cooling US labor market. Economists expect that 165,000 jobs were added in the month, compared with the 227,000 seen in November. Meanwhile, the unemployment rate is expected to hold steady at 4.2%.
US Stocks Tumble From Jobs Report and Ongoing Inflation Fears
The S&P 500 dipped 0.8 percent, the Dow Jones dropped 267 points and the Nasdaq composite was down 1.1 percent Friday morning.
Jobs Report Today: Stock Futures, Treasurys Edge Down Ahead of Nonfarm Payrolls
The last jobs report of 2024 is due this morning. Follow along for live analysis of the December payroll data. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What’s going on?
U.S. stocks tumbled on Friday after a blockbuster December jobs report.
Consumer Headlines: A look at the jobs report, the stock market decline, and disaster relief
Friday’s Consumer Alert takes us into a world reminiscent of Alice in Wonderland, where what’s up is down in the economy. The latest jobs report shows an unexpected surge, while the stock market took a hit.
Stock Market Today: Stocks lower, Treasury yields steady ahead of jobs report
Surging bond yields have pulled the Nasdaq into negative territory for the month heading into today's December jobs report.
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%.
December Jobs Report: Busting The Fed's Labor Market Assessment
US job growth surged in December, surpassing expectations. The services sector drove gains, but wage growth slightly slowed.
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Strong job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...