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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%. The tech-heavy Nasdaq Composite ( ^IXIC) tumbled 1.6%. The three major gauges erased all year-to-date gains with Friday's pullback.
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.
Strong US Jobs Report Backs Case for Pause in Fed Rate Cuts
The latest snapshot of the US labor market affirmed what Federal Reserve officials have made clear in recent days: Interest-rate cuts are on hold for the foreseeable future.
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
12h
Why Palantir Stock's Slide Isn't Over
While Palantir Technologies stock (NASDAQ: PLTR) had a stellar 2024, with its stock rising by about 4x, driven by the market ...
7h
Stock Market Today: Dow finishes down almost 700 points as jump in Treasury yields sparks selloff
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
7h
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 ...
10h
What's New With Prudential Stock?
Prudential Financial’s stock (NYSE: PRU) has done well over the last year, rising by about 19% since early 2024.
7h
on MSN
Stock market today: Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks fell Friday on worries that good news on the job market may be too good and prove to be bad for Wall Street by ...
11h
Why Archer Aviation Stock Soared 58.8% in 2024 but Is Sinking in 2025
Archer Aviation (NYSE: ACHR) stock saw strong bullish momentum across 2024's trading. The company's share price closed out ...
7h
on MSN
S&P 500 Gains and Losses Today: Walgreens Stock Pops After Promising Results
The S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns ...
15h
Ethiopia launches stock exchange in fresh step to liberalise economy
Ethiopia launched a securities exchange on Friday, in what officials touted as a milestone in Prime Minister Abiy Ahmed's ...
10h
on MSN
Stock market gain that followed Trump's election win is close to being wiped out
The S&P 500's return since Election Day has fallen to just around 0.5%. If that holds through Inauguration Day on Jan. 20, it ...
7h
Microsoft Stock: Capital Structure Analysis (MSFT)
Analyze Microsoft's capital structure to determine the roles of debt and equity in its financing, and explore what these ...
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