Dow tumbles nearly 700 points Friday as strong jobs report casts doubt over Fed's rate-cut path
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, while the Nasdaq Composite fell 1.63% to 19,161.63. Friday's losses pushed the major benchmarks into the red for 2025.
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government ...
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Dow Jones Futures: Jobs Report Due With New Tesla Model Y, Nvidia Chipmaker In FocusNvidia chipmaker Taiwan Semiconductor reported strong sales. Tesla launched the new Model Y in China. The jobs report looms.
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U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on ...
Nvidia chipmaker Taiwan Semiconductor reported strong sales. Tesla launched the new Model Y in China. The jobs report looms.
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 ...
Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect ...
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