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.
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
Wall Street's major averages tumbled on Friday, as investors digested the hotter than expected jobs report. Early on and the ...
The report is expected to paint a picture of a cooling US labor market. Economists expect that 165,000 jobs were added in the ...
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
Friday’s Consumer Alert takes us into a world reminiscent of Alice in Wonderland, where what’s up is down in the economy. The ...
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a ...
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