Dow plunges 697 points

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 today: Dow, S&P 500, Nasdaq futures sink as jobs report blows past expectations
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid that tone and after the jobs showing, markets are pricing in no easing before July, per the CME FedWatch Tool.
Dow ends down almost 700 points as jobs report sparks jump in Treasury yields
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost 700 points. The Dow closed 1.6% lower, while the S&P 500 slumped 1.5% and the technology-heavy Nasdaq Composite dropped 1.
Nasdaq, S&P, and Dow fall sharply as jobs report comes in hot
Wall Street's major averages tumbled on Friday, as investors digested the hotter than expected jobs report.  Early on and the S&P 500 (SP500) was -1.7%, the Nasdaq Composite (COMP:IND) was -2.2%, and the Dow (DJI) was -1.
Stock Market News: Dow Falls Sharply After Strong December Jobs Report
The Dow, the S&P 500, and the Nasdaq Composite fell Friday as the stock market digested a strong December jobs report.
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve.
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,
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 tumbles more than 750 points following blowout jobs report
US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign.
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
December jobs reports has Wall Street starting to talk about rate hikes in 2025
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
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Dow Drops 697, Nasdaq Sinks 317, S&P 500 Falls 91
Wall Street recoiled Friday after good news on the economy raised inflation worries. The post appeared first on TV News Check. The post Dow Drops 697, Nasdaq Sinks 317, S&P 500 Falls 91 originally ...
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 ...