Wall Street stocks fall after US jobs report smashes expectations
S&P 500 drops and Treasury yields rise as 256,000 positions added in December
Read more at Financial Times
Topics
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December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 1h -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - 2h -
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.The New York Times - 1h -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - 4h -
Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’
Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.MarketWatch - 1d -
What a Wall Street analyst gets wrong about Apple in rare sell call on the stock
MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.CNBC - 2d -
Top Wall Street analysts pick these dividend stocks for 2025
TipRanks' analyst ranking service reveals three dividend-paying stocks, including Ares Capital and ConocoPhillips.CNBC - 5d -
Bourbon Street expected to reopen on Thursday after deadly attack: Report
New Orleans plans to reopen Bourbon Street to the public Thursday after the deadly attack on New Year’s Day. Shamsud-Din Jabbar, 42, rammed a pickup truck down the crowded street early Wednesday, ...The Hill - Jan. 2 -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - Jan. 2
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A time for truth and reconciliation
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