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 market. Dow Jones Industrial Average futures fell 41 points, or 0.1%, to 42837. S&P 500 futures dropped 17 points, or 0.3%, to 5942.
Stock market today: Dow, S&P 500, Nasdaq sell off amid jobs report surprise, inflation worries
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid that tone and after the jobs showing, markets are pricing in no easing before July, per the CME FedWatch Tool.
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
"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%," ...
Wall Street's major averages tumbled on Friday, as investors digested the hotter than expected jobs report. Early on and the ...
The buck's latest surge comes as rising Treasury yields attract funds, and so-called 'U.S. exceptionalism' - a strong economy ...
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