Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
"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.
The last jobs report of 2024 is due this morning. Follow along for live analysis of the December payroll data. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P ...
The December employment report is due this morning. Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Investors might be tempted to characterize Friday's jobs report, and the ensuing stock-market reaction, as another example of the "good news is bad news" dynamic: good news for the economy tends to be ...
The Labor Department reported that employers added 256,000 jobs in December. Unemployment drops to 4.1%. Read the implications of this report on the Fed policy.
Investors are starting 2025 with a conundrum: how to protect against potentially bigger risks while not missing out on a ...
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 ...
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations that the Federal Reserve will likely keep interest rates elevated for ...
It’s kind of a horror show,” hiring platform Greenhouse’s CEO Jon Stross said Sunday. “The job market has become more ...