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.
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government ...
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
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 ...
Nvidia chipmaker Taiwan Semiconductor reported strong sales. Tesla launched the new Model Y in China. The jobs report looms.
Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect ...
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
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