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%.
"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%," ...
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
Stocks took their cue from the bond market, where yields rose to crank up the pressure after a report said U.S. employers ...
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate ...
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
The Labor Department reported that employers added 256,000 jobs in December. Unemployment drops to 4.1%. Read the ...
Surging bond yields have pulled the Nasdaq into negative territory for the month heading into today's December jobs report.
Stock index futures reversed course and turned red on Friday, as investors braced for the key December jobs report.  S&P 500 ...