Dow tumbles nearly 700 points Friday as strong jobs report casts doubt over Fed's rate-cut path
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, while the Nasdaq Composite fell 1.63% to 19,161.63. Friday's losses pushed the major benchmarks into the red for 2025.
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts ...
Dow Jones futures dropped 350 points Friday on a strong December jobs report. Nvidia sold off on new AI chip limits.
Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government ...
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost 700 points. The Dow closed 1.6% lower, while the S&P 500 slumped 1.5% and the ...
As if a hot jobs report wasn’t enough, the stock market fell sharply again after the University of Michigan’s latest survey showed an uptick in inflation expectations. The Dow was down 600 points, or ...
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