Abn Amro Bank to Appoint Marguerite Berard as CEO, Subject to Regulatory Approval
Abn Amro Bank intends to appoint Marguerite Berard as it new chief executive officer in late April. The Dutch bank said Friday that Berard's appointment is subject to regulatory approval and that it ...
Dow drops nearly 300 points on losses in shares of NVIDIA Corp., Salesforce
Shares of NVIDIA Corp. and Salesforce are seeing declines Friday morning, dragging the Dow Jones Industrial Average into negative territory. Supported by world-class markets data from Dow Jones and ...
Dow down 250 points as Treasury yields surge after December jobs report
U.S. stocks sank in early trading on Friday after the December jobs number surpassed economists expectations and pointed to broad-based gains in the labor market last month. That sent Treasury yields ...
Jobs big picture: Labor market appears 'too strong' for more Fed rate cuts
Just a few months ago, the Federal Reserve was worried about rising unemployment as it moved to aggressively cut interest rates. And now? The Fed is on hold. A strong December jobs report certainly ...
Much of U.S. stock market likely to remain under pressure after Friday's jobs report: CIO
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 ...
30-year briefly bursts through 5% for first time since late 2023
Friday's post-data selloff in the 30-year Treasury bond briefly sent its yield through 5% for the first time in more than a year. The long-dated rate has since pulled back a bit to 4.97% after rising ...
Stock Market Today: Dow futures down 300 points, 30-year Treasury yield touches 5% after blockbuster jobs report
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...
VIX climbs after U.S. jobs data stronger than Wall Street expected
The stock market’s so-called fear gauge was climbing Friday, as investors assessed a U.S. jobs report that was stronger than Wall Street anticipated. The Cboe Volatility Index, which trades under the ...
It may be 'a bit dangerous to put too much stock' in December payrolls data: economist
The hot December jobs report is undeniably jolting markets Friday morning, but investors might not want to go all in on the data given seasonal considerations and upcoming revisions, said Thomas ...
After hotter-than-expected jobs report, Fed funds futures show higher chance of Fed pausing rate cuts next few months
Friday’s hotter than expected jobs report spurred traders in the federal-funds futures markets to price in a higher probability that the Federal Reserve will maintain its benchmark interest rate at ...
December jobs report: Strong 256,000 increase in new jobs masks weakness in U.S. labor market
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
Strong jobs report keeps Fed's focus more on inflation, economist says
The Federal Reserve has been "less focused on the job market recently," and today’s better-than-expected employment report ...