Dow Falls About 700 Issues After Jobs File Sends Yields Spiking Once more – The Gentleman Report | World | Business | Science | Technology | Health
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Dow Falls About 700 Issues After Jobs File Sends Yields Spiking Once more

Dow Falls About 700 Issues After Jobs File Sends Yields Spiking Once more
January 11, 2025



The inventory marketplace fell sharply on Friday after a hotter-than-expected December jobs document had Wall Side road questioning if the Federal Reserve is completed reducing rates of interest.The Dow Jones Business Moderate fell about 700 issues, or 1.6%. The S&P 500 dropped 1.5%. The Nasdaq Composite used to be down 1.6%.The Dow posted its largest decline to a jobs document since Oct. 7, 2022, in step with Dow Jones Marketplace Knowledge. It additionally closed down 0.7% from its Nov. 5 shut. It is the first time the Dow has completed an afternoon beneath its Election Day shut since Donald Trump used to be elected president for a 2d time period.

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