"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%," Jeremy Siegel said.
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%; ...
The moves come as Wall Street is gearing up for December's nonfarm payrolls reading, which is scheduled to come out at 8:30 a ...
Investors are now pricing in just one interest-rate cut from the Federal Reserve this year. Investors expect the central bank ...
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 600 points, or 1.4%, ...
U.S. employers likely added 153,000 jobs in December, close to the average of the last six months, while the unemployment ...
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 ...
Stocks traded sideways on Wednesday ahead of a mid-week break leading into Friday’s jobs report. The Dow Jones Industrial Average was rose 107 points, or 0.3%. The S&P 500 ticked up 0.2. The ...
Wall Street traders have pushed back the prospects of another rate cut from the Fed after a surprisingly strong jobs report flashed signs that the economy is humming along. The Dow lost 1.1% for ...
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 ...
December's stronger-than-expected jobs report showed gains across the U.S ... slightly lower than December and below the Dow Jones consensus estimate of 74. However, the inflation readings ...