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.
Stocks tumble following blowout jobs report
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve.
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,
December Jobs Report: Labor Market Grew Faster Than Expected As Unemployment Clocks In At 4.1%
Friday’s jobs report was “even more important” than normal as the market adjusts its assessment of the direction of the ...
December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
'Fast Money' traders talk market selloff after jobs report
'Fast Money' traders look at the market action after better-than-expected jobs report.
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 ...
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...
Jobs Report Shuts Door on January Rate Cut
A rate cut from the Federal Reserve was already very unlikely this month, and the December jobs report slammed the door shut on any such prospect. Fed officials began cutting rates last September amid ...
Rate Cuts Recede as a Strong Jobs Report Bolsters Fed Uncertainties
Minutes suggest that Fed policymakers were already returning to the data-dependent mindset in the face of the incoming Trump ...