Reported about 16 hours ago
On January 10, 2025, major US stock indexes fell as investors worried that strong job growth could worsen inflation and keep interest rates high. The S&P 500 dropped by 1.5%, while the Dow Jones Industrial Average and Nasdaq both fell by 1.6%. These declines followed a report indicating that U.S. employers hired significantly more workers than economists had anticipated, putting additional pressure on the bond market and raising concerns about the Federal Reserve's interest rate policies.
Source: YAHOO