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 to trim their rate-cut expectations. “The surprisingly strong jobs report certainly isn’t going to make […]
Topline The Supreme Court’s signaling it may uphold a ban on TikTok, the wildly popular shortform video social media app, sent shockwaves through the stock market Friday, boosting shares of companies behind rival platforms and hitting hard one key TikTok partner. Protestors stand outside of the Supreme Court on Friday. Getty Images Key Facts The […]
Alliance Pharma’s deal is the latest of a series of takeovers by private equity and other firms that … [+] are shrinking the U.K.’s stock market. © 2025 Bloomberg Finance LP The London Stock Exchange is set to lose another listing after Alliance Pharma agreed to be acquired in an all-cash deal that values the […]
Financial markets have been choppy since the November election, and for good reason. With the next presidential administration promising sharp policy changes on a broad range of economic issues, there is plenty to be nervous about. The new proposals are dizzying. The president-elect says he wants to deport millions of immigrants; impose tariffs on all […]
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 last few months. Stay Ahead of the Market: While that’s good news for the economy […]
My top 10 things to watch Friday, Jan. 10 1. Stock futures moved lower after the December jobs report came in much hotter than expected. The Dow was down more than 300 points, and the yield on the 10-year Treasury note jumped to around 4.78%, its highest level in over a year. The U.S. economy […]
In a significant development for the cryptocurrency market, Dogecoin (DOGE) has witnessed an extraordinary surge in its network activity, marked by a 41% increase in large transaction volume and a 35% spike in daily active addresses. This surge comes amid growing institutional interest in the meme-inspired cryptocurrency. Key Highlights: Large transaction volume increased by 41.12% […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Last year, as Treasury yields climbed, stocks mostly shrugged off the move. The spin from strategists: Yields are rising because of expected economic growth, so everything’s copacetic. And with anticipation that rate cuts […]
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 take some explaining. A government report Friday morning showed U.S. employers added a whopping 256,000 […]
Topline Wall Street reacted negatively to Friday’s better-than-expected jobs report, a seemingly contradictory outcome rooted in the prevailing agita surrounding financial markets about interest rates, wiping out stocks’ post-election gains. 2025 is off to a turbulent start for stocks. Getty Images Key Facts Stock futures dropped sharply following the 8:30 a.m. EST employment update which […]