Newsweek on Nostr: US Stocks Tumble From Jobs Report and Ongoing Inflation Fears ========== U.S. stocks ...
US Stocks Tumble From Jobs Report and Ongoing Inflation Fears
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U.S. stocks fell on January 10, 2025, due to December's strong jobs report and inflation concerns; S&P 500 down 0.8%, Dow Jones down 267 points (0.6%), Nasdaq down 1.1%; bond yields increased with 10-year Treasury at 4.75% and 2-year Treasury at 4.33%; Brian Jacobsen from Annex Wealth Management noted manufacturing job losses despite overall hiring; average worker raise in December was below 4%; Federal Reserve indicated fewer interest rate cuts in 2025 due to inflation worries and potential tariffs from President-elect Donald Trump.
#Stocks #JobsReport #Inflation #FederalReserve #DowJones #S&p500 #Nasdaq #BondMarket #EconomicIndicators #Trump
https://www.newsweek.com/stock-market-jobs-report-inflation-dow-jones-nasdaq-2013166
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U.S. stocks fell on January 10, 2025, due to December's strong jobs report and inflation concerns; S&P 500 down 0.8%, Dow Jones down 267 points (0.6%), Nasdaq down 1.1%; bond yields increased with 10-year Treasury at 4.75% and 2-year Treasury at 4.33%; Brian Jacobsen from Annex Wealth Management noted manufacturing job losses despite overall hiring; average worker raise in December was below 4%; Federal Reserve indicated fewer interest rate cuts in 2025 due to inflation worries and potential tariffs from President-elect Donald Trump.
#Stocks #JobsReport #Inflation #FederalReserve #DowJones #S&p500 #Nasdaq #BondMarket #EconomicIndicators #Trump
https://www.newsweek.com/stock-market-jobs-report-inflation-dow-jones-nasdaq-2013166