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 that the Federal Reserve will likely keep interest rates elevated for longer than traders were betting on.
Dow Jones Today: Stocks Plunge, Led by Tech Selloff, After December Jobs Report; Treasury Yields Surge to Highest Level Since 2023
Stocks fell sharply in early trading Friday after labor market data for December came in much hotter than expected, adding to investor concerns that the Federal Reserve won't cut interest rates again.
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U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
The dollar has sold off and then bounced back today on a Washington Post report that the new Trump administration may be more ...
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