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Stock market plunges
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.
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.
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%,
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.
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.
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.
Stock index futures lower as investors look to key jobs report
Stock index futures reversed course and turned red on Friday, as investors braced for the key December jobs report. S&P 500 futures (SPX) -0.1%, Nasdaq 100 futures (US100:IND) -0.1% and Dow futures (INDU) -0.
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Jobs Report Today: December Hiring Smashes Estimates
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate: 4.1%, down from 4.2% in November. Revisions: October
1d
on MSN
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 ...
1d
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, ...
1d
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 ...
1d
Stock Market Today: Wall Street Sinks After Good News on the Economy Raises Worries About Inflation
U.S. stocks are sinking on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation ...
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