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Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by nearly 700 points, or 1.6%; while the S&P 500 fell by 1.
Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets
The
Dow
Jones plunged 697 points, while the Nasdaq 100 and S&P 500 declined more than 1%. The economy added 256,000 jobs in December, well above the average economist estimate of 155,000.
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,
US jobs report smashes expectations as unemployment rate falls to 4.1%
The US job market delivered a shocker in December, obliterating forecasts with a surge in job creation and a drop in the unemployment rate. Nonfarm payrolls skyrocketed by 256,000, blowing past the Dow Jones estimate of 155,
2d
on MSN
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are struggling in 2025, with the Dow Jones Industrial Average off to its worst start to a year since 2016, as ...
2d
on MSN
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 ...
2d
Stock market today: Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
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2d
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 ...
2d
2 Dow Stocks to Buy Hand Over Fist in 2025 and 1 to Avoid
Among the Dow Jones Industrial Average's 30 components, there are two historically cheap brand-name companies, as well as a ...
12d
Dow, stocks fall on final trading day of 2024, capping banner year fueled by Trump, AI and Fed cuts
The Dow Jones Industrial Average fell 29.51 points, or 0.1%, to close at 42,544.22. The S&P 500 and the Nasdaq slumped 0.4% ...
6d
Stock Market Today: Dow ends lower while Nasdaq logs best start to a year since 2009
The Nasdaq Composite increased 243.30 points or 1.2% to close at 19,864.98, also booking back-to-back gains. The tech-heavy ...
13d
on MSN
Stock market today: Dow drops 305 points as US stocks stumble into the new year
According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market flashed a technical "sell" ...
6h
on MSN
NBC5 In Depth: UVM Men's Soccer Head Coach Rob Dow
Those are some of the stories that the national championship-winning head coach shares in his sit-down interview with NBC 5's Brian Colleran. They also talk about how the title will impact the program ...
19h
Can 2024's Best-Performing Dow Jones Stock Beat the S&P 500 Again in 2025?
Nvidia (NASDAQ: NVDA) was added to the Dow Jones Industrial Average (DJINDICES: ^DJI) in November 2024. Nvidia stock went up ...
8d
on MSN
Boeing ended its difficult 2024 as the biggest loser in the Dow Jones index
Boeing was set for a troubled year after the Alaska Airlines blowout last January led to heightened scrutiny. A seven-week ...
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