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%.
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
"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%," ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 ...
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%, ...
Surging bond yields have pulled the Nasdaq into negative territory for the month heading into today's December jobs report.
Wall Street's major averages tumbled on Friday, as investors digested the hotter than expected jobs report. Early on and the ...
The report is expected to paint a picture of a cooling US labor market. Economists expect that 165,000 jobs were added in the ...
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
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.
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...