Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
Investors are on edge as Friday’s jobs report could make or break the stock-market rally
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.
Stock Market Today: Stocks Slide, Bond Yields Jump After Strong Jobs Report
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 500 and Nasdaq Composite.
Jobs Report Shows the Economy Is Strong. Why the Stock Market Is Falling Anyway.
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, or 1.4%,
US Stocks Tumble From Jobs Report and Ongoing Inflation Fears
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.
Stock Futures Dip as Investors Await Key Payrolls Data
US stock futures declined early Friday as markets braced for the December nonfarm payrolls report, a pivotal indicator for Federal Reserve policy. By 03:28 ET, SP 500 futures slipped 0.2%, Nasdaq 100 futures dropped 0.
Stock index futures lower as investors look to key jobs report
Stock index futures reversed course and turned red on Friday, as investors braced for the key December jobs report.  S&P 500 futures (SPX) -0.1%, Nasdaq 100 futures (US100:IND) -0.1% and Dow futures (INDU) -0.
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%," ...
Stock market today: Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%.
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Consumer Headlines: A look at the jobs report, the stock market decline, and disaster relief
Friday’s Consumer Alert takes us into a world reminiscent of Alice in Wonderland, where what’s up is down in the economy. The ...
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, ...
Stock market today: Tech rout extends sell-off as investors pare back rate-cut bets
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Much of U.S. stock market likely to remain under pressure after Friday's jobs report: CIO
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 ...