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Dow, jobs and NASDAQ
Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets
"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.
Stock market today: Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%. The tech-heavy Nasdaq Composite ( ^IXIC) tumbled 1.6%. The three major gauges erased all year-to-date gains with Friday's pullback.
Stock index futures fall sharply as jobs report comes in hot
Wall Street's major averages tumbled on Friday, as investors digested the hotter than expected jobs report. Early on and the S&P 500 (SP500) was -1.3%, the Nasdaq Composite (COMP:IND) was -1.5%, and the Dow (DJI) was -1.
Wayfair to exit Germany, cut 730 jobs
Wayfair pulling out of Germany, cutting hundreds more jobs
The cuts follow thousands of jobs eliminated across the online furniture seller worldwide over the past two years.
Wayfair Is Exiting Germany, Cutting 730 Jobs. The Stock Falls.
Wayfair stock fell Friday morning after the online furniture seller said it was shutting down its business in Germany and cutting a little over 700 jobs in a bid to focus on more profitable growth areas.
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
7h
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S. Treasury yields rose on Friday after a stronger-than-expected jobs data reinforced expectations ...
7h
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 ...
11h
Why Intel Stock Is Sinking Today
The broader market is falling today due to bearish macroeconomic indicators, and Intel stock is participating in the pullback. The company's share price is also likely being pressured by unfavorable ...
10h
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Young and the Invested on MSN
14h
December Jobs Report: Big Month Defies Slowdown Expectations
The last full month's worth of jobs figures under President Joe Biden surprised economists yet again, as December's nonfarm ...
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