Major corporations are rushing to issue bonds as Treasury yields spike
Major U.S. companies with high-grade credit ratings rushed to issue bonds this week at a dizzying pace, as they moved to get ahead of the spike in Treasury yields that has been making borrowing more ...
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index's worst performance over the first six trading days ...
Stock market today: Wall Street recoils after good news on the economy raises inflation worries
U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping ...
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 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 ...
Stocks slump as rate-cut hopes fade
Stocks fell on Friday as a strong jobs report dimmed hopes for further rate cuts, pushing bond yields and the dollar higher, ...
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 ...
Stocks Drop After Jobs Report Shows Hot U.S. Labor Market—Here’s Why
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
U.S. job growth shows surprising December pop as unemployment inches down
Total non-farm payroll employment increased by 256,000 positions in December as average unemployment across the country came ...
U.S. adds 256,000 jobs, as Biden leaves Trump with a sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the United States added a surprising 256,000 ...
Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation ...
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, ...