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 ...
Traders expect Fed to cut rates just once in 2025
Federal Reserve policymakers got fresh reasons to hold short-term borrowing costs steady after government data signaled ...
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
'Now you could even argue for raising rates,' portfolio manager says
The case for the additional Federal Reserve rate cuts has been weakened by Friday's strong jobs report, said Matt Rowe, head of portfolio management and cross-asset strategies at Nomura Capital ...
US economy smashes job expectations, unemployment rate drops
The US economy added 256,000 jobs last month, the most since March, bolstering the case for a pause in Federal Reserve ...
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US dollar bounces back as strong jobs data backs Fed rate-cut pause
The U.S. dollar rallied across the board on Friday after data showed the world's largest economy created more jobs than ...
Stock Market Today: Dow Falls, Bond Yields Jump After Strong Payrolls Data
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 ...
30-Year Treasury Yield Hits 5%, Highest Since November ‘23
The yields on long-term government bonds spiked as doubts on a policy misstep by the Federal Reserve were reinforced after strong employment data. The 10-year yield spiked to 4.783%, while the 30-year ...
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US added a strong 256,000 jobs in December as unemployment rate dipped to 4.1%
U.S. hiring picked up unexpectedly in December as employers added a strong 256,000 jobs, another sign of the economy’s ...