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the blowout jobs report is tanking stocks
Dow tumbles more than 750 points following blowout jobs report
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.
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 Financial Group said.
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 technology-heavy Nasdaq Composite dropped 1.
Trump, Appeals court and final report
Appeals court denies bid to block public release of special counsel’s report on Trump Jan. 6 probe
A federal appeals court denies a bid to block release of special counsel Jack Smith’s report on Donald Trump’s efforts to overturn his 2020 election loss.
Appeals court denies effort to block release of Jack Smith's final report on Trump probes
The Eleventh Circuit Court of Appeals has denied an effort to block the release of special counsel Jack Smith's final report on his two investigations into Donald Trump.
Appeals court allows special counsel's report about Trump's election interference case to be released to the public
The ruling means Trump can ask the Supreme Court to block the release of the report written by special counsel Jack Smith. A spokesperson for Trump did not say whether the president-elect would appeal Thursday's ruling but instead attacked Smith in a statement.
19h
on MSN
JetBlue stowaways’ bodies were badly decomposed raising possibility they were there for multiple flights: Report
According to FAA data, approximately 80 percent of people who try to stowaway in external compartments on aircraft — such as ...
9h
December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
1d
on MSN
Lead and cadmium found in muscle-building protein powders, report says
Protein powders may contain high levels of lead and cadmium, with chocolate-flavored and plant-based products testing at the ...
LIVE
2h
on MSN
WATCH LIVE: President Biden Delivers Remarks on Jobs Report and the State of the Economy
President Joe Biden delivers remarks on Friday’s December Jobs Report at 5 p.m. ET. CLICK HERE TO READ MORE FROM THE ...
7h
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, ...
10h
Report: Penn State star Abdul Carter entering the NFL Draft
In the aftermath of Penn State’s 27-24 loss to Notre Dame in the Orange Bowl, star edge rusher Abdul Carter will forgo his ...
8h
on MSN
Inflation report could rattle markets after bond yields climb
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...
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