Stock market today: Nasdaq, S&P 500 sink amid cratered hopes for 2025 rate cuts
Moderna ( MRNA) shares sank 23% at the open on Monday after the biotech giant lowered its 2025 sales forecast by $1 billion because of weak demand for its COVID-19 vaccines and a slower rollout of its new respiratory syncytial virus (RSV) shot.
Stock market today: Tech rout extends sell-off as investors pare back rate-cut bets
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve.
Stock market today: Dow revives as Nasdaq, S&P 500 slide amid rate-cut fears
The 10-year Treasury yield ( ^TNX) added to recent gains to touch a 14-month high, trading not far off 4.8% as US bonds sold off. Meanwhile, the dollar ( DX-Y.NYB) surged to a two-year high against major currency peers, with the UK pound ( GBPUSD=X ), in particular, coming under pressure.
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.
Dow tumbles more than 750 points following blowout jobs report
US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign.
Dow Falls About 700 Points After Jobs Report Sends Yields Spiking Again
The stock market fell sharply on Friday after a hotter-than-expected December jobs report had Wall Street wondering if the Federal Reserve is done cutting interest rates. The Dow Jones Industrial Average fell about 700 points,
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
Blowout December Jobs Report Puts Rate Cuts on Ice: What the Experts Are Saying
The December jobs report showed a surprise surge in hiring and an unexpected drop in the unemployment rate. Taken together, the data strengthen the case for the Federal Reserve to maintain its current cautious stance toward lowering borrowing costs,
US jobs report smashes expectations as unemployment rate falls to 4.1%
The US job market delivered a shocker in December, obliterating forecasts with a surge in job creation and a drop in the unemployment rate. Nonfarm payrolls skyrocketed by 256,000, blowing past the Dow Jones estimate of 155,
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Stock Market Today: Nasdaq Composite Sinks & NVIDIA (NVDA) Down On New Regulations
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Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Nasdaq, S&P, and Dow trade mixed as inflation data and bank earnings loom
Earnings week will also kick off, with banks leading the charge. Citigroup ( C ), Wells Fargo ( WFC ), JPMorgan ( JPM ), Goldman Sachs ( GS) and BlackRock ( BLK ), are all expected to release their ...
S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
U.S. stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll ...
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Stock Market Today: S&P 500 Falls; Oil Extends Rally
Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock market today: Wall Street sinks as Nvidia and other recent winners lose more steam
Drops for Nvidia and other superstar stocks are dragging U.S. stock indexes lower on Monday and keeping Wall Street stuck in ...
History Says the Nasdaq Will Soar in 2025: 1 Hypergrowth AI Stock to Buy Before It Does
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has had a monster two-year run. After gaining 43% in 2023, the index put up around ...