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%," Jeremy Siegel said.
The last jobs report of 2024 is due this morning. Follow along for live analysis of the December payroll data. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P ...
While the strong jobs report should be viewed as positive for the economy, it's not good news for the stock market as long as interest rates continue to rise. "With the 10-yr firmly above 4.5% ...
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.
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 ...
The December employment report is due this morning. Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Investors might be tempted to characterize Friday's jobs report, and the ensuing stock-market reaction, as another example of the "good news is bad news" dynamic: good news for the economy tends to be ...
It’s kind of a horror show,” hiring platform Greenhouse’s CEO Jon Stross said Sunday. “The job market has become more ...
We recently published a list of Jim Cramer Recently Discussed These 13 Stocks Interest Rates And Recession. In this article, ...
US stocks plunged on Friday after a strong December jobs report dashed investor hopes ... bond yields have historically pulled down stock market valuations, so it would be no surprise for the ...