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Strong Dec. Jobs Report Kills Chances Of A Jan. Fed Rate Cut
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for additional easing."
Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal Reserve decision on January 29.
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.
US Adds 256K Jobs in December
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%
Employers Added 256K Jobs in December, Above Forecasts
Payrolls expanded by 256,000 in December, handily beating estimates, while the unemployment rate fell slightly as the labor market ended the year with a bang. The monthly jobs report from the Labor Department showed gains were strongest in health care,
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate also improved, according to data released Friday by the Bureau of Labor Statistics,
Jobs, Treasury
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations that the Federal Reserve will likely keep interest rates elevated for longer than traders were betting on.
Gold Rises After Strong U.S. Jobs Data
Gold prices gained further amid uncertainties over the impact of future U.S. policy on the economy and inflation, even after the latest jobs report supported the case for a slowdown in interest-rate cuts.
Treasury yields jump after stronger-than-expected U.S. jobs report
Treasury yields were climbing Friday as investors weighed a jobs report that was stronger than Wall Street expected. The yield on the 10-year Treasury note was up about 10 basis points at around 4.78%,
1d
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.
23h
on MSN
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts ...
9h
Strong jobs report gives market investors the jitters
The U.S. economy boasted an impressive 256,000 nonfarm payrolls in December, a figure that shocked forecasters.
22h
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%.
1d
on MSN
Reporter explains why latest jobs report indicates economy nowhere near recession
CNN's Matt Egan breaks down the last jobs report of 2024 and what this indicates for the economy.
1d
December Jobs Report Tops Expectations
The U.S. economy likely added 155,000 jobs in December, according to a consensus forecast of economists polled by The Wall ...
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 ...
2d
on MSN
The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
22h
on MSN
WATCH LIVE: President Biden Delivers Remarks on Jobs Report and the State of the Economy
President Joe Biden delivers remarks on Friday’s December Jobs Report at 5 p.m. ET. CLICK HERE TO READ MORE FROM THE ...
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