Reported 3 days ago
Global stock markets declined while U.S. Treasury yields rose following stronger-than-expected U.S. job creation figures for December, reinforcing expectations that the Federal Reserve may maintain elevated interest rates longer than previously anticipated. The Dow Jones, S&P 500, and Nasdaq all posted losses, with key sectors like financials and technology feeling the most pressure. In contrast, oil prices surged nearly 3% amid supply concerns due to U.S. sanctions on Russia. The dollar also strengthened against major currencies.
Source: YAHOO