US stocks fell on Friday after a strong December jobs report reduced hopes for Fed rate cuts in 2025. The economy added 256,000 jobs in December, surpassing expectations and lowering the unemployment rate to 4.1%. Higher bond yields may lead…
Here are five key things investors need to know to start the trading day: 1. Back in action 2. Wildfire cost The remains of a home lost in the Eaton fire on Wednesday, Jan. 8, 2025 in Altadena, CA. Jason…
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Stocks sold off sharply after the Bureau of Labor Statistics reported the strongest new hiring numbers in nine months on Jobs Friday. An uptick in consumer inflation expectations to their highest level since May provided an additional reason for investors…
HONG KONG, Jan. 10, 2025 /PRNewswire/ — Sino Group (‘the Group’) is pleased to announce that Sino Land Company Limited (‘Sino Land’) (Stock Code: 0083.HK) has been included in the Dow Jones Sustainability World Index (DJSI World), and its continued inclusion in…
What is the S&P 500? A complete guide to this key stock market index Understanding the S&P 500: What it is and why it matters Stocks wavered Friday in response to good news about the economy, a development that will…
AccuWeather estimates that damage from LA wildfires could reach $150 billion. JPMorgan estimates $20 billion worth of insured damage. Chubb, Travelers and Allstate are most affected by fires. US December NFP showed Unemployment Rate falling, making Fed likely to hold. The…
The Dow Jones Industrial Average (DJIA) dives lower today thanks to the data in the December Jobs Report. That report includes nonfarm payroll jobs increasing by 256,000 during the month, beating experts’ expectations. Alongside that is steady inflation over the…
The Dow Jones tumbled 700 points on Friday after NFP figures surged in December. Market bets for Fed rate cuts sank, rate traders now expect a single rate cut this year. Consumer sentiment and inflation expectations also rose, further hitting…
New York CNN — US stocks fell Friday after the December jobs report showed another month of strong employment, complicating the Federal Reserve’s rate-cutting campaign. The Dow dropped by more than 650 points, or 1.5%; while the S&P 500 fell…
