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the blowout jobs report is tanking stocks
Dow tumbles more than 750 points following blowout jobs report
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by nearly 700 points, or 1.6%; while the S&P 500 fell by 1.
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 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.
U.S. economy adds 256,000 jobs in December
Jobs Report Today: December Hiring Smashes Estimates
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate: 4.1%, down from 4.2% in November. Revisions: October
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market cooled substantially in 2024, as employers sharply curtailed hiring and workers faced increasing difficulty finding jobs, although there are no signs of a recession.
The US economy ended 2024 with a bang, adding more jobs than expected in December while unemployment ticked down
The labor market showed unexpected signs of strength in December.
3h
on MSN
Jobs report today: U.S. added booming 256,000 jobs in December, unemployment at 4.1%
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment ...
6h
December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
7h
Final Jobs Report for 2024: Solid Labor Market - Will It Stay That Way?
The Labor Department released its final jobs report for 2024 this morning. It showed another strong month of job growth, with ...
7h
on MSN
Hiring picks up steam as employers add a quarter-million new jobs to close out the year
The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in ...
3h
Gold rebounds on Trump policy uncertainty despite robust US jobs data
Gold prices were set for their best week since mid-November as uncertainty around U.S. President-elect Donald Trump policies ...
6h
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 ...
5h
Top 10 Industries Hiring Remote Jobs In 2025, From Research
Not all industries are created equal when it comes to remote work. Here are the top 10 industries for remote jobs in the U.S.
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