Dow plunges 697 points

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%," Jeremy Siegel said.
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%. The tech-heavy Nasdaq Composite ( ^IXIC) tumbled 1.6%. The three major gauges erased all year-to-date gains with Friday's pullback.
The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated that interest rate cuts may be postponed. Additionally, inflation remains a concern and is anticipated to stay high.
Dow Jones Slides 350 Points On Strong Jobs Report; Nvidia Tumbles On New AI Chip Limits
Dow Jones futures dropped 350 points Friday on a strong December jobs report. Nvidia sold off on new AI chip limits.
Stock Market Today: Stocks Slide, Bond Yields Jump After Strong Jobs Report
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Dow Falls About 700 Points After Jobs Report Sends Yield Spiking Again
The stock market fell sharply on Friday after a hotter-than-expected December jobs report had Wall Street wondering if the Federal Reserve is done cutting interest rates. The Dow Jones Industrial Average fell about 700 points,
Dow tumbles more than 750 points following blowout jobs report
US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign.
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.
Blowout December Jobs Report Puts Rate Cuts on Ice: What the Experts Are Saying
The December jobs report showed a surprise surge in hiring and an unexpected drop in the unemployment rate. Taken together, the data strengthen the case for the Federal Reserve to maintain its current cautious stance toward lowering borrowing costs,
Jobs Report Comes in Much Stronger Than Expected
The new jobs report is out, and hiring was much stronger than expected in December. The robust number is expected to further dampen the Federal Reserve's appetite for rate cuts. Details: ・The number: Employers added 256,
Stock Market Today: Dow finishes down almost 700 points as jump in Treasury yields sparks selloff
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
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 ...
Dow plunges nearly 700 points in response to good economic news. We can explain.
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government ...
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 ...