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.
Mobileye Stock Price Levels to Watch After This Week's 28% Drop
Mobileye shares lost more than a quarter of their value this week as investors were left unimpressed by the company’s presentation at the CES consumer electronics trade show. Monitor these important
Biden Goes Out With a Bang in the Jobs Market
President Joe Biden is ending his term in office with a remarkably strong labor market. According to data released Friday by the Labor Department, employers added a surprising 256,000 jobs in December
5 black swan events that could surprise the market this year
BCA doubled-down on its recession call for 2025, previously predicting that US stocks could drop by as much as 26% this year.
Why the blowout jobs report is tanking stocks and sending yields spiking
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris Financial Group said.
Stock, Bond ETFs Tumble Following Strong December Jobs Report
A strong December jobs report elevated yields to their highest level since 2023, while pushing down stock and bond ETFs.
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
Some Retail Stocks Could Take Hits From the Los Angeles Wildfires
Target is one of the retailers with the most exposure to the wildfires that have raged this week in the Los Angeles area, analysts at JPMorgan said Friday.
Nasdaq Seeks SEC Approval to Boost IBIT Options Limits Tenfold
The exchange seeks to raise the iShares Bitcoin Trust position limit to 250,000 contracts amid high trading demand.
S&P 500 Gains and Losses Today: Walgreens Stock Pops After Promising Results
The S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns about interest rate policy.