Stock market today: Wall Street sinks after good news on the economy raises worries about inflation
U.S. stocks are sinking on worries that Friday’s good news on the job market may be too good and prove to be bad for Wall ...
U.S. job creation smashed expectations to end 2024
The last jobs report of 2024 showed the labor market in good shape after the Federal Reserve warned of a more cautious ...
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
'Now you could even argue for raising rates,' portfolio manager says
The case for the additional Federal Reserve rate cuts has been weakened by Friday's strong jobs report, said Matt Rowe, head of portfolio management and cross-asset strategies at Nomura Capital ...
US payrolls rebound, unemployment rate drops
The US economy added 256,000 jobs last month, the most since March, bolstering the case for a pause in Federal Reserve ...
Dow down 250 points as Treasury yields surge after December jobs report
U.S. stocks sank in early trading on Friday after the December jobs number surpassed economists expectations and pointed to broad-based gains in the labor market last month. That sent Treasury yields ...
Stock Market Today: Dow Falls, Bond Yields Jump After Strong Payrolls Data
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
Jobs Report Today: Stocks Fall, Bond Yields Jump After Strong Payrolls Data
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
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US dollar bounces back as strong jobs data backs Fed rate-cut pause
The U.S. dollar rallied across the board on Friday after data showed the world's largest economy created more jobs than ...
30-Year Treasury Yield Hits 5%, Highest Since November ‘23
The yields on long-term government bonds spiked as doubts on a policy misstep by the Federal Reserve were reinforced after strong employment data. The 10-year yield spiked to 4.783%, while the 30-year ...
Elevated Treasury yields are weighing on bitcoin. Here's a case for it dropping to $90,000.
The largest cryptocurrency by market capitalization (BTCUSD) has fallen 4.7% over the past five days but was up 2% on Friday to around $93,712, according to the Dow Jones Market Data. It was roughly ...
Stock market today: Good news on the economy fans inflation fears and drags Wall Street lower again
U.S. stocks are recoiling on worries that good news on the job market may be too good and prove to be bad for Wall Street by ...