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 ...
It’s Jobs Report time. Nonfarm payrolls are due at ... The pound was stable after being hit by the bond-market turmoil in recent days.
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 ...
Thursday’s stock-market closure offered only ... re forced to confront the first major U.S. economic report of 2025, as the December jobs data will be released at 8:30 a.m. — one hour before ...
It’s kind of a horror show,” hiring platform Greenhouse’s CEO Jon Stross said Sunday. “The job market has become more ...